Stanford U. to Receive $100-Million; Other Gifts
June 1, 2006 | Read Time: 9 minutes
Ten institutions have received big gifts:
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Stanford University will receive a $100-million gift from John Arrillaga, a Silicon Valley real-estate developer and longtime supporter of the institution. Mr. Arrillaga, who is a Stanford alumnus, intends the donation to be used for academic programs, and will make the cash gift in one lump-sum payment.
Stanford’s alumni center, athletics-department headquarters, and sports center all bear the Arrillaga name. Mr. Arrillaga has also been heavily involved in the construction and renovation of many of the university’s athletics facilities, and has been described as “the patron saint of Stanford athletics.”
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Columbia Business School, in New York, has received pledges totaling $45-million from three New York investors. Arthur J. Samberg, chairman and chief executive officer of Pequot Capital Management, a Westport, Conn., hedge fund, has committed $25-million to endow professorships and recruit new faculty members. Russell L. Carson, co-founder and general partner of Welsh, Carson, Anderson & Stowe, a private investment firm in New York, has pledged $10-million for faculty internships, research, and sabbaticals, and for the school’s social-enterprise program. Both men received an M.B.A. from the school in 1967. Henry R. Kravis, a founding partner of the New York banking firm Kohlberg Kravis Roberts & Company, has pledged $10-million to endow a new center for the development of case studies for students. Mr. Kravis received an M.B.A. from the school in 1969.
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Jonathan M. Tisch, co-chairman of the Loews Corporation and chief executive officer of Loews Hotels, in New York, has donated $40-million to Tufts University, in Medford, Mass., to endow the University College of Citizenship and Public Service and help pay for interdisciplinary courses, fellowships, and programs. The university plans to name the college for Mr. Tisch, a 1976 graduate of Tufts and a member of its Board of Trustees.
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Eckerd College, in St. Petersburg, Fla., has received a $25-million donation from Miles C. Collier, managing partner of Collier Enterprises, an energy and real-estate company in Naples, Fla., and his wife, Parker, to match gifts of $25,000 or more to the college and for campus programs. Mr. Collier is chairman of the college’s Board of Trustees.
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Roger Sant, co-founder and former chairman of the AES Corporation, an international electric-power company, in Arlington, Va., and his wife, Victoria, president of the National Gallery of Art, in Washington, have pledged $20-million to the World Wildlife Fund, in Washington. The money, which will come from a charitable remainder trust, for conservation projects in the Amazon basin.
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The University of California at San Francisco has received $16-million from Ray Dolby, founder of Dolby Laboratories, a San Francisco developer of audio equipment, and his wife, Dagmar, for a new building to house the university’s center on stem-cell research.
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Harvey Mudd College, in Claremont, Calif., has received a $15-million bequest from Katherine Hackstaff Schlegel, of Los Angeles, for an endowment to be named for her father, John D. Hackstaff, who died in 1960. A large portion of the money — $10.2-million — will endow scholarships; $2.2-million will endow the Jacobs Center for Entrepreneurial Leadership; $2-million will pay for a new dining hall; and the remainder will endow a professorship. Ms. Schlegel died in 2003.
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Harlan Crow, chief executive officer of Crow Holdings, a real-estate investment company in Dallas, and his wife, Kathy, have donated $10-million to St. Mark’s School of Texas, a Dallas day school for boys. The money will go toward a new building that will house classrooms and administrative offices. The Crows’ two sons attend the school and Ms. Crow serves on its Board of Trustees.
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Swarthmore College, in Pennsylvania, has received a $10-million pledge from Giles K. Kemp, founder of Home Decorators Collection, a home-furnishings company, in Hazelwood, Mo., that was recently acquired by Home Depot, and his wife, Barbara. A portion of the money — $7-million — will pay for a new building, and $2-million will endow a professorship in the natural sciences. The remaining $1-million will endow a campus house that serves as guest quarters and the residence of the vice president for development, alumni, and public relations.
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Jim Moran, founder of the automotive-distribution company, JM Family Enterprises, in Deerfield Beach, Fla., and his wife, Jan, have pledged $10-million to Holy Cross Hospital, in Fort Lauderdale, Fla., to establish a cardiovascular-research center. Mr. Moran received treatment at the hospital for heart problems in 1988. An unspecified part of the gift will be distributed through his company.
Other recent gifts:
Berkshire Botanical Garden (Stockbridge, Mass.): $2-million bequest from Barbara Humes Euston, of Pittsfield, Mass., for endowment. Ms. Euston, a past board member, died in February.
Berkshire Medical Center (Pittsfield, Mass.): $2-million bequest from Barbara Humes Euston, of Pittsfield, for endowment. Ms. Euston served on the medical center’s Board of Directors in the 1950s and 60s, and volunteered at the hospital. She died in February.
Chapman U. (Orange, Calif.): $2-million from David Wilson, chairman and chief executive officer of the Wilson Automotive Group, in Orange, for a new athletics complex.
College of Saint Rose (Albany, N.Y.): $1.5-million from George Pfaff, former chief executive officer of the National Savings Bank, in Albany, and his wife, Jane, to endow a chair in ethics and moral values in the department of religious studies and philosophy.
Columbia Theological Seminary (Decatur, Ga.): $2.5-million unrestricted bequest from Walter Moore, a businessman in Walhalla, S.C., and his wife, Lucile. Ms. Moore died in 1989, and Mr. Moore in 2004.
Creighton U. (Omaha): $1.5-million from George F. Haddix, chairman and chief executive officer of PKW Acquisition Corporation, in Milwaukee, and his wife, Sally, to endow a professorship at the Center for Fuzzy Mathematics and Computer Science. Mr. Haddix serves on its Board of Trustees.
Hobart and William Smith Colleges (Geneva, N.Y.): $3.5-million pledge from Arthur E. de Cordova, a retired senior partner at de Cordova, Cooper and Company, an investment firm in New York, for the colleges’ capital campaign.
Illinois State U. (Normal): $5.9-million bequest from Bruce V. Green, a Bloomington, Ill., advertising executive who died in 2004. Mr. Green stipulated in his will that the money be used to build a formal garden to honor his wife, Genevieve, who died in 1995.
Iona College (New Rochelle, N.Y.): $1-million from Patrick J. Lynch, an investor and a former senior vice president at Texaco, and his late wife, Carol, of Sea Girt, N.J., for its campaign for library expansion. Mr. Lynch is a 1959 graduate of the college.
Lehigh U. (Bethlehem, Pa.): $5-million bequest from Ernest E. Althouse, a retired vice chairman of the Central Hudson Gas and Electric Corporation, in Poughkeepsie, N.Y., and his wife, Elizabeth, to endow scholarships for undergraduate students attending the Rossin College of Engineering and Applied Science. Mr. Althouse, a 1926 Lehigh graduate, died in April, and his wife died in 1995.
Martin Memorial Health Systems (Stuart, Fla.): $1-million from Howard and Elaine Cook, of Palm City, Fla., to establish an endowment for cardiac nurses at the hospital’s heart center, which is scheduled to open in August. Mr. Cook is a retired vice president of sales at the Hershey Company, in Pennsylvania.
Massachusetts Eye and Ear Infirmary (Boston): $1-million partial challenge gift from an anonymous donor to establish a center for tinnitus research and physician training.
Museum of Latin American Art (Long Beach, Calif.): $2.2-million from Robert Gumbiner, founder of the museum, for expansion and renovations.
Newseum (Washington): $7-million from the Greenspun family, who own the Greenspun Corporation, a media and real-estate company in Las Vegas, for a terrace on Pennsylvania Avenue; $5-million from the Ochs-Sulzberger family, owners of The New York Times and the New York Times Company, for the Great Hall of News atrium; and $5-million from the Pulliam family, former owners of The Indianapolis Star and The Arizona Republic, for the Great Books gallery. The terrace, the atrium, and the gallery will be housed in the museum’s new building, which is scheduled to open in 2007.
North Carolina State U. (Raleigh): $1.5-million from Steve and Frosene Zeis, founders of ZTM Sales & Service, in Asheville, N.C., which represents European textile-machine manufacturers, for the School of Textiles. A $500,000 bequest will establish two student scholarships, and a $1-million life- income gift will support the college’s center for education and economic development. Mr. Zeis is a 1962 graduate of the school.
U. of California at Davis: $1.1-million from Dolly Fiddyment, a retired elementary-school teacher, and her husband, David, founder of Fiddyment Farms, in Lincoln, Calif., to endow a chair in the School of Education. The university also received $1-million from C. Bryan Cameron, a 1980 graduate and the co-director of research at Dodge & Cox, an investment-management firm in San Francisco, to endow a professorship in international economics.
U. of California at Los Angeles: $1-million from Susumu Miyata, chairman of the Board of Trustees at Meikai U. and Asahi U., in Japan, to endow an exchange program between the two Japanese institutions and UCLA’s School of Dentistry.
U. of the Pacific (Stockton, Calif.): $1-million from Gordon Zuckerman, founder and retired chief executive officer of Resorts Suites of Scottsdale, Ariz., and his wife, Anne, to endow the Brubeck Institute.
U. of Pennsylvania (Philadelphia): $1.3-million from Frank Dolson, a retired sports editor at the Philadelphia Inquirer, and a 1954 alumnus, to endow the directorship of the Penn Relays and to endow scholarships; $1.3-million from John Rockwell, managing director of the T. Rowe Price Group, in Baltimore, and a graduate of the university, to endow the head-coach position of the men’s basketball team; $1-million from Marilyn Birnhak, president of Weight Watchers of Philadelphia, and her husband, J.R., treasurer of the company, to establish a nutrition-counseling program at the Abramson Cancer Center; and $1-million from Richard Schifter, a 1978 graduate of the law school and the managing director of the Texas Pacific Group, an investment firm in Fort Worth, for the law school’s endowment.
U. of Pittsburgh, Graduate School of Public Health: $2-million from Monto Ho, a professor emeritus of medicine, microbiology, and pathology at the school, and his wife, Carol, to endow a professorship in infectious diseases and microbiology.
U. of Texas at Austin: $5-million pledge from Harold C. Simmons, chairman of the Contran Corporation, a holding company in Dallas, for the Hobby-Eberly Telescope Dark Energy Experiment at the university’s McDonald Observatory. Mr. Simmons, who graduated from the university in 1951 and earned a master’s degree there in 1952, stipulated that the university will receive the money when it raises an additional $5-million in private donations.
Wofford College (Spartanburg, S.C.): $2-million from Hayne Hipp, former chair and chief executive officer of the Liberty Corporation, a Greenville, S.C., television-broadcasting company that was acquired by Raycom Media, to endow a leadership-development program.