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Fundraising

Biggest Gifts and Pledges Announced by Individuals in 1998

January 1, 1999 | Read Time: 2 minutes

The Chronicle of Philanthropy


Amount Purpose
Martha R. Ingram, chairman of Ingram Industries and a director of Ingram Micro $300-million in Ingram Micro stock To support athletics, health care, public service, research, and teaching at Vanderbilt University.
David A. Duffield, chairman of PeopleSoft, and his wife, Cheryl $200-million To begin a nationwide effort to save stray cats and dogs from euthanasia.
Kirk Kerkorian, financier $200-million To establish an interest-free lending program to benefit entrepreneurs in Armenia, for road construction, and for repairs in parts of Armenia harmed by a 1988 earthquake.
James E. Rogers, owner of Sunbelt Communications $130-million For the University of Arizona’s College of Law and other programs.
Donald and Mildred Topp Othmer, investors $175-million bequest To Polytechnic University.
Donald and Mildred Topp Othmer, investors $125-million bequest To the University of Nebraska at Lincoln.
Ralph Engelstad, owner of the Imperial Palace Hotel and Casino, and his wife, Betty $100-million To construct a hockey arena at the University of North Dakota and for other uses.
Bill Gates, chairman of Microsoft, and his wife, Melinda $100-million To the Program for Appropriate Technology in Health, to immunize poor children in developing countries.
Alfred Mann, chairman of MiniMed Inc. $100-million To create a bioengineering institute at the University of California at Los Angeles.
Alfred Mann, chairman of MiniMed Inc. $100-million To create a bioengineering institute at the University of Southern California.
Donald and Mildred Topp Othmer, investors $100-million bequest To Long Island (N.Y.) College Hospital.
Sanford I. Weill, chief executive officer of the Travelers Group $100-million To Cornell University’s medical college.
Joan Kroc, heiress to the McDonald’s restaurant chain $80-million To the Salvation Army, to build and endow a 12-acre community center in San Diego.
Peter B. Lewis, chairman of Progressive Corporation $50-million To the Solomon R. Guggenheim Museum, for endowment and for renovations to its theater.
Michael R. Bloomberg, founder of Bloomberg Financial Markets $45-million For scholarships and endowment at the Johns Hopkins University.
Bernard Marcus, chairman of Home Depot $45-million To the Kennedy Krieger Institute, in Baltimore, to build a treatment center in Atlanta for children with brain disorders.
Notes: Does not include an anonymous donation pledged to Cornell University; the donor will only contribute the money if other sources provide three times as much money to the institution.
Gifts of art are also not included.

Copyright © 1999 The Chronicle of Philanthropy