This is STAGING. For front-end user testing and QA.
The Chronicle of Philanthropy logo

Foundation Giving

Indiana Community Foundation Receives $90-Million Gift; Other Recent Donations

July 30, 1998 | Read Time: 4 minutes

A community foundation and two universities have received large gifts.

* The Central Indiana Community Foundation, in Indianapolis, has received a $90-million commitment from the Moriah Fund and the family of Daniel R. (Dan) Efroymson of Indianapolis. The gift was initiated by Mary Ann Stein, president of the Moriah Fund, and her brother, Dan Efroymson; it will be used to create the Efroymson Family Fund, a donor-advised fund that will emphasize giving in Indianapolis and throughout Indiana.

Although grant-making guidelines are still being developed, the new fund is expected to focus on community development, the environment, historic preservation, human services, and Jewish causes.

The community foundation — which comprises the Indianapolis Foundation and the Legacy Fund of Hamilton County — will receive $75-million this year, and the remaining $15-million in a deferred gift planned for 1999.

Mr. Efroymson is president of Real Silk Investments, in Indianapolis, and vice-chairman of the Indianapolis Foundation Board of Trustees. Mr. Efroymson, his wife, Lori, and two adult children, Elissa M. and Jeremy D. Efroymson, will serve as fund advisers.


* The University of New Hampshire, in Durham, has received $10-million from Leslie S. Hubbard of Walpole, N.H., a 1927 alumnus and co-founder of the Hubbard Farms poultry-breeding business.

Mr. Hubbard designated the gift to expand programs in marine biology, ocean engineering, and the ocean sciences. His donation will endow three professorships and three graduate fellowships, establish an annual visiting-scholars program, and offer summer fellowships for undergraduates.

* Princeton University has received $10-million from Monte J. Wallace; his brother, Neil W. Wallace; and five of their respective children. All members of the Wallace family making the donation are graduates of Princeton and live in the Boston area. The two brothers founded the General Investment and Development Company, a real-estate and investment holding firm, in 1959. The money will be used to construct a social-sciences building.

Other recent gifts:

Bowdoin College (Me.): $1,500,000 from Linda G. Baldwin of Ross, Cal., president of Brookside Enterprises, an investment company, to establish a center for learning and teaching.


Boys & Girls Clubs of America (Ga.): $1,000,000 from Shaquille O’Neal of Santa Monica, Cal., a member of the Los Angeles Lakers basketball team, to help establish technology centers at clubs nationwide; and $1,000,000 from Daniel T. Phillips of Dallas, chairman of Firstplus Financial Group, for educational projects.

Cedars-Sinai Medical Center (Cal.): $1,500,000 from Harry Roman of Los Angeles, and his wife, Ruth, to endow a professorship in neonatology.

Chicago Academy of Sciences: $4,000,000 from Richard C. Notebaert of Chicago, chief executive officer of Ameritech, and his wife, Peggy, for the campaign to build the Nature Museum, a new facility in Lincoln Park.

College of Wooster (Ohio): $1,000,000 from Stanley C. Gault of Wooster, former chairman of Goodyear Tire & Rubber Company, and his wife, Flo, for undetermined use.

George Washington U. (D.C.): $1,000,000 from Larry Silverman of Chevy Chase, Md., for athletics programs and facilities.


Grinnell College (Iowa): $1,000,000 from the family of the late Robert N. Noyce of Santa Clara, Cal., co-founder of Intel, for a visiting professorship in computer science, mathematics, and physical science.

Lesley College (Mass.): $5,000,000 from John Morgridge of San Jose, Cal., chairman of Cisco Systems, and his wife, Tashia, a retired special-education teacher, to create a center for special education.

Northeastern U. (Mass.): $6,000,000 from George D. Behrakis of Tewksbury, Mass., chief executive officer of Muro Pharmaceutical, to construct a health-sciences building.

Oregon Museum of Science and Industry: $3,300,000 bequest from the estates of Charles F. Swigert, Jr., of Portland, an industrialist, and his wife, Christine, to endow capital projects and exhibits.

Pepperdine U. (Cal.): $2,000,000 from Leon Rockwell of Fresno, Cal., a retired dentist and a commercial-real-estate developer, and his wife, Margaret, for the capital campaign.


Reed College (Ore.): $1,250,000 from Ruth Cooperman Greenberg of Los Angeles, an artist and philanthropist, to endow a professorship in American Indian studies.

Southern Methodist U. (Tex.): $1,000,000 from William E. Armentrout of Dallas, a retired oil driller, to endow scholarships for students in the M.B.A. program at the Cox School of Business.

Southwest Missouri State U.: Property and cash totaling $1,650,000 from Jim D. Morris of Springfield, Mo., chief executive officer of Morris Oil Company, for renovations to the campus’s Downtown Hall.

Taylor U. (Ind.): $1,000,000 from an anonymous donor to help construct a multiple-purpose facility on the Fort Wayne campus.

Trust for Public Land (Wash.): $1,000,000 from an anonymous donor for its campaign to purchase and preserve the Canyon Lake Creek Old Growth Forest.


Tufts U. (Mass.): $4,000,000 from an anonymous donor to construct a music hall.

William Jewell College (Mo.): $1,200,000 from Fred Pryor of Shawnee Mission, Kan., chairman of Pryor Resources, and his wife, Shirley, to endow the leadership-studies program.

The Women’s Philharmonic (Cal.): $1,000,000 from an anonymous donor for a program to provide training and career guidance to woman classical-music conductors.