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Foundation Giving

$29-Million Bequeathed to Oregon Fund

February 20, 2003 | Read Time: 3 minutes

Two organizations have recently received large gifts:

  • The Oregon Community Foundation, in Portland, has received a $29-million bequest from Reed and Carolee Walker, of Ashland, Ore. Mr. Walker, who died last year, acquired much of his wealth through Anheuser-Busch stock, which he received when his parents sold their bakery, in Kansas City, Mo., to the brewery. His wife died in 1999.

    The gift will endow a fund that will make grants to charities that serve children and needy people in Jackson County, Ore.

  • Harvard Business School, in Boston, has received $25-million from Arthur Rock, an alumnus and co-founder of Davis & Rock, a venture-capital firm in San Francisco, to create an academic center for entrepreneurship.

Other recent gifts:

Boonshoft Museum of Natural History (Dayton, Ohio): $10-million from Oscar Boonshoft, a retired engineer, for endowment.

Case Western Reserve U., School of Law (Cleveland): $2-million from the family of the late Ben C. Green, an alumnus and U.S. District Court judge for the northern district of Ohio, for the law library.

College of Saint Benedict/Saint John’s U. (St. Joseph, Minn.): $3-million from Thomas Petters, chairman and chief executive officer of the Petters Group, in Minnetonka, Minn., for capital improvements to the college’s performing-arts center.


Community Foundation of West Kentucky (Paducah): $3-million from an anonymous local donor, to create an endowment.

Howard U. (Washington): $4-million from John H. Johnson, publisher and chairman of Johnson Publishing Company, in Chicago, publisher of Ebony and Jet magazines, for the School of Communications.

Laurel School (Shaker Heights, Ohio): $1-million from Barbara Peterson Ruhlman, an alumna, to endow a chair in outdoor education at this private school for girls.

National Underground Railroad Freedom Center (Cincinnati): $3-million from Robert L. Johnson, founder and chief executive officer of Black Entertainment Television, in Washington; and $3-million from John Pepper, former chairman and chief executive officer of Procter & Gamble, in Cincinnati. Both gifts will support the construction of this cultural center affiliated with the Smithsonian Institution.

New York U. Medical Center: $10-million from Leon H. Charney, a television producer and a former adviser to President Carter, to endow a chair in cardiology and to support the cardiology department.


Norton Museum of Art (West Palm Beach, Fla.): $1-million from Mildred S. Lee, an art consultant, and her husband, Herbert, of Boston and Palm Beach, Fla., for capital improvements.

Portland State U. (Oregon): $2.5-million from Betty and Gordon E. Moore, of Santa Clara, Calif., for capital improvements to the College of Engineering and Computer Science at the Northwest Center for Engineering, Science, and Technology. Mr. Moore is co-founder and chairman emeritus of the Intel Corporation, in Santa Clara.

Blanche and Julian Robertson Family Foundation (Salisbury, N.C.): $5-million from Julian H. Robertson Jr., a hedge-fund manager in New York, for endowment. Mr. Robertson Jr. established the foundation in 1997 and named it after his parents.

Scholarship Foundation of Santa Barbara (Calif.): $2.5-million bequest from Dale Cavalletto, to create a law-scholarship fund in honor of her husband, George A. Cavalletto, who died in June 2000. Mr. Cavalletto was founder of Cavalletto, Webster, Mullen, and McCaughey, in Santa Barbara.

Sweet Briar College (Va.): $3-million in unrestricted funds from an anonymous alumna; and $1-million from Anne Wilson Rowe, an alumna, and her husband, Josiah Pollard Rowe III, of Fredericksburg, Va., for capital improvements to the college’s library.


U. of Arizona (Tucson): $2-million from the family of Martin Levine, an alumnus and founder and chairman of MarketSource, in Cranbury, N.J., for a new student union.

U. of Colorado at Boulder: $3-million bequest from Dorothy Joyce and her husband, Raymond, an alumnus and president of the Joyce Investment Company, in Boulder, to endow a chair in finance at the Leeds School of Business.

— Compiled by Kevin DuMouchelle