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Fundraising

Biggest Gifts and Pledges Announced by Individuals in 1999

January 13, 2000 | Read Time: 2 minutes

The Chronicle of Philanthropy


Amount Purpose
Bill Gates, chairman of Microsoft, and his wife, Melinda Three gifts totaling $16-billion To endow the Bill & Melinda Gates Foundation
James H. Clark, founder of Netscape $150-million To construct a biomedical-engineering center at Stanford University
Philip Forbes Holton, former chief executive officer of Inland Container Corporation, and his wife, Ruth Clark $128.5-million bequest For scholarships at DePauw University
Anonymous $100-million To renovate Cornell University’s West Campus
Eli Broad, chairman of SunAmerica $100-million To the Broad Foundation for a program to strengthen urban school districts
William Hewlett, co-founder of Hewlett-Packard $100-million To establish the Flora Family Foundation
Kenan E. Sahin, founder of the software company Kenan Systems $100-million For the Massachusetts Institute of Technology’s capital campaign
Raymond Baker, a former director of Pioneer Hi-Bred International, and his wife, Mary $80-million bequest For Iowa State University’s College of Agriculture
Paul Mellon, philanthropist $75-million bequest To the National Gallery of Art
Paul Mellon, philanthropist $75-million bequest To the Yale Center of British Art
Adrian French, musician $70-million For cancer research at the University of Cincinnati College of Medicine
Margaret Adger Pitts, and her father, William I. H. Pitts, an investor in the Coca-Cola Company $65-million bequest To Emory University
Margaret Adger Pitts, and her father, William I. H. Pitts, an investor in the Coca-Cola Company $63.5-million bequest To Young Harris College
Rea A. Axline, an inventor, and his wife, Lela (Jackie) $60-million bequest For scholarships at the California Institute of Technology
Frank Batten, Sr., retired chairman of Landmark Communications $60-million To the University of Virginia’s Darden Graduate School of Business Administration
Steven Ferencz Udvar-Hazy, president of International Lease Finance Corporation $60-million For the National Air and Space Museum’s Dulles Center
Note: List is based on publicly announced donations to single institutions and does not include gifts of art.
COMPILED BY C. QUINN HANCHETTE

Copyright © 2000 The Chronicle of Philanthropy