$60-Million Donated to Yale; Other Recent Big Gifts
November 23, 2006 | Read Time: 5 minutes
Eight institutions have received big gifts:
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Yale University, in New Haven, Conn., has received $60-million from Edward P. Bass, chairman of Fine Line, an investment and venture-capital management firm in Fort Worth, to renovate and build science facilities. Mr. Bass, who graduated from the university in 1968 with a bachelor’s degree in administrative science, and his family have given a total of nearly $200-million to Yale.
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The University of Tennessee, in Knoxville, has received a pledge of $50-million from anonymous donors. Half of the gift is designated for the university’s College of Engineering and the department of veterinary medicine, and the other half will support intercollegiate athletics.
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Irwin M. Jacobs, a co-founder and chairman of Qualcomm, a wireless-communications company in San Diego, and his wife, Joan, have given $30-million to the American Technion Society to found a graduate school at the Technion-Israel Institute of Technology, in Haifa. The couple previously founded the institute’s Center for Communications and Information Technology.
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City of Hope, in Duarte, Calif., has received $15-million from an anonymous donor to build its Arnold and Mabel Beckman Center for Cancer Immunotherapeutics and Tumor Immunology. The center is studying ways to use the immune system to fight cancer and other diseases.
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Cornell University’s School of Hotel Administration, in Ithaca, N.Y., has received a pledge of $15-million from Leland Pillsbury, a co-founder and chief executive officer of Thayer Lodging Group, in Annapolis, Md., and his wife, Mary, to support the Institute for Hospitality Entrepreneurship. Mr. Pillsbury graduated from the university in 1969 with a bachelor’s degree in hotel administration.
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Georgetown University, in Washington, has received $10-million from Timothy O’Neill, a managing director at Goldman Sachs, in New York, and his wife, Linda, to create an institute for national- and global-health law. Mr. O’Neill graduated from the Georgetown University Law Center in 1977, and Ms. O’Neill graduated from its School of Nursing and Health Studies that same year.
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Sharon and Timothy Ubben have pledged $10-million to the Posse Foundation, a New York group that helps young people from low-income families develop leadership skills and get into college, for its endowment campaign. Of the gift, $2-million will be used to attract people who have not previously made big gifts to the New York organization. Mr. Ubben is a retired chairman of Lincoln Capital Management, in Chicago, and serves on the foundation’s Board of Directors.
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Presbyterian Healthcare System, in Dallas, has received $10-million from Nancy B. Hamon to support its expansion project, which includes a new intensive-care unit, parking facilities, technology, and other additions to its six hospitals. Ms. Hamon is the wife of the late Jake Hamon, founder of the Hamon Oil Company, in Dallas. She gave $3-million to the Presbyterian Hospital of Dallas in 2002 for new MRI technology. Both Ms. Hamon and her late husband were treated at the hospital.
Other recent gifts:
Cedar Rapids Museum of Art (Iowa): $5-million from William B. Quarton, a retired owner of KWMT Radio, in Cedar Rapids, for its endowment.
Childrens Hospital Los Angeles: $3-million challenge gift from an anonymous donor to provide space for the Childrens Center for Cancer and Blood Diseases in its new building.
City U. of New York, Bernard M. Baruch College: $1-million from Roger Hertog, director of the AllianceBernstein Corporation, an asset-management firm in New York, to increase the number of undergraduate honors students. Mr. Hertog, who is also part owner of The New York Sun and The New Republic, graduated from the college in 1965.
Clinton Community College (Plattsburgh, N.Y.): $2-million from George Moore, owner of George Moore Truck & Equipment Corporation, in Keeseville, N.Y., and his wife, Shirley. The gift is unrestricted.
KPBS (San Diego): $1-million from Irwin M. Jacobs, a co-founder and chairman of Qualcomm, a wireless-communications company in San Diego, and his wife, Joan, to endow fellowships for journalists.
Northern Westchester Hospital (Mount Kisco, N.Y.): $5-million from Mary Boies, a founding partner of Boies & McInnis, a law firm in Bedford, N.Y., and her husband, David, chairman of Boies, Schiller & Flexner, a law firm in New York, to help build a new emergency room.
Northfield Mount Hermon School (Gill, Mass.): $2.5-million from David F. Bolger, founder and president of Bolger & Company, a real-estate investment firm in Ridgewood, N.J., for a new admissions building. Mr. Bolger graduated from the school in 1950.
Purdue U. (West Lafayette, Ind.): $1-million from Susan Bulkeley Butler, a retired partner at Andersen Consulting, now known as Accenture, based in Bermuda, to build archives documenting the history of women who taught and studied at the university. Purdue also received $1-million from Virginia Kelly Karnes, wife of the late William G. Karnes, president of the former Beatrice Foods Company, in Chicago, to help build a new archives and special-collections library. Ms. Karnes graduated from the university in 1935 with a degree in costume and interior design.
Roosevelt U. (Chicago): $2-million from Anthony R. Pasquinelli, executive vice president of Pasquinelli & Portrait Homes, in Chicago, to establish a professorship in real estate.
St. Vincent Healthcare (Billings, Mont.): $1.5-million from Ralph Nelles, founder of Intermountain Distributing, a wine, beer, and liquor distributor in Billings, to endow nursing scholarships.
Stetson U. (DeLand, Fla.): $1-million from Dolly Hand, co-owner of Hand Enterprises, a real-estate management company in Belle Glade, Fla., and her husband, Homer, to build an art center. Ms. Hand graduated from Stetson’s College of Law in 1949.
Syracuse U. (N.Y.): $3-million from Carmelo Anthony, a player with the Denver Nuggets basketball team, to help build a new basketball-practice facility. As a freshman, Mr. Anthony played for Syracuse’s basketball team in its 2003 season before leaving to play for the NBA.
U. of Akron (Ohio): $1-million pledge from Benjamin Suarez, founder of Suarez Corporation Industries, a marketing company in Canton, Ohio, and his wife, Nancy, to endow its Applied Marketing Research Laboratories. Mr. Suarez graduated from the university in 1967 with a bachelor’s degree in psychology.
U. of Miami: $5-million from Leonard Abess, president of City National Bank of Florida, in Miami, and his wife, Jayne, to endow the university’s Center for Ecosystem Science and Policy. Mr. Abess is a member of the Board of Trustees.
Virginia Tech (Blacksburg): $2-million from Eric Schmidt, chief executive officer of Google, an online search engine based in Mountain View, Calif., to endow a professorship in engineering. Mr. Schmidt’s father was an economics professor at the university.
— Compiled by Anne W. Howard