Money Manager Creates Fund to Aid Hometown in N.C.; Other Donations

Julian Robertson, Jr., a New York-based financier, has committed $15-million to establish a foundation in his hometown of Salisbury, N.C.

Mr. Robertson is chairman of the investment company Tiger Management. He made the gift with his wife, Josie, and his sisters, Blanche Bacon and Wyndham Robertson, to honor their parents.

The Blanche and Julian Robertson Family Foundation has plans to accept grant applications in early 1998, according to the chairman of its Board of Directors.

William Kluttz, a lawyer in Salisbury, said that he and the other eight board members are still ironing out the foundation’s grant-making philosophy. He said that the Robertson family attached no strings to the gift, other than to request that the fund benefit residents of the Salisbury area.

* The Cincinnati Symphony Orchestra has received an estimated $10-million from Louise Dieterle Nippert, a minority owner of the Cincinnati Reds baseball team, to endow two positions: the music-director chair and, for the pops orchestra, the conductor chair.

The symphony is not releasing the exact amount of the gift, but a spokesperson confirmed that the cost of endowing each chair is $5-million. Both chairs will bear the names of Mrs. Nippert and her late husband, Louis, long-time arts patrons in Cincinnati.

* The University of Southern California in Los Angeles has received $10-million from Ronald N. Tutor, president of the Tutor- Saliba Corporation in Sylmar, Cal., to construct a building for the School of Engineering.

The Ronald N. Tutor Engineering Academic Center is scheduled to open in 2000. Mr. Tutor is a 1963 alumnus of the School of Business.

* Lafayette College in Easton, Pa., has received gifts from two couples totaling $10-million to construct a science facility.

Charles E. Hugel, retired chairman of Combustion Engineering, his wife, Cornelia, and Neil Gagnon, a partner in the investment firm Gilder, Gagnon, Howe & Company, and his wife, Lois, each contributed to the gift, which is part of the college’s campaign to raise $143-million by June 2001. Construction of the new $25-million building, which will house chemistry and physics programs, is scheduled for completion in fall 1999.

Other recent gifts:

Averett College (Va.): Real estate valued at approximately $950,000 from the estate of H. Hawkins Bradley of Raleigh, N.C., retired chairman of GoodMark Foods. Proceeds from the sale of the land will support a new athletics complex and convocation center.

Elon College (N.C.): Land and cash totaling $1,100,000 from Bill Loy of Elon College, a retired manager at Western Electric, for the capital campaign.

George West Mental Health Foundation (Ga.): $1,500,000 and $1,000,000 from separate anonymous donors for its campaign to build a health and learning center.

Greenville Hospital System Foundation (S.C.): Charitable remainder trust valued at $1,000,000 from W. K. Bryan of Greenville, S.C., a retired heating and air-conditioning distributor, and his wife, Frances, for unrestricted use.

Jacksonville U. (Fla.): $2,400,000 bequest from the estate of Harold W. Ashley of Jacksonville, an investor, for capital improvements, and a share of a land trust from the estate of Alexander Brest of Jacksonville, an engineer and the founder of WTLV Channel 12 in Jacksonville, for unrestricted use. The value of the share currently stands at $1,882,918.

Massachusetts Society for the Prevention of Cruelty to Animals/American Humane Education Society: $2,820,000 bequest from Ethel Smith of Springfield, Mass., a former high-school English teacher, for the campaign to construct and endow an animal center in Springfield.

Morehouse College (Ga.): $1,000,000 from the talk-show host Oprah Winfrey of Chicago, for scholarships.

Muhlenberg College (Pa.): $1,000,000 from David M. Long, Jr., of El Cajon, Cal., a surgeon and chairman of Abel Laboratories, for capital projects.

Niagara U. (N.Y.): $2,000,000 from John C. Halloran of Santa Barbara, Cal., former executive vice-president of Orville Metal Specialty, for the capital campaign.

Oregon Graduate Institute of Science & Technology: $1,500,000 from Gordon E. Moore of Santa Clara, Cal., co-founder and chairman emeritus of the Intel Corporation, to endow a chair in the department of electrical and computer engineering. The gift must be matched dollar-for-dollar by other sources by March 31, 1998.

Robin Hood Foundation (N.Y.): $4,500,000 from the financier George Soros of Bedford, N.Y., for general support. Half of the amount must be matched dollar-for-dollar from other sources. The Robin Hood Foundation supports groups that fight poverty in New York; 85 per cent of its grants go to programs to help poor youths and their families.

Southern Methodist U. (Tex.): $3,000,000 from J. Lindsay Embrey, Jr., of Dallas, chairman of First Continental Enterprises, a construction and real-estate-development company, and his wife, Bobbie, for a new building at the School of Engineering and Applied Science, and for the new football stadium.

Trinity School (N.Y.): $1,000,000 from an anonymous donor for the capital campaign.

U. of Illinois: $2,000,000 from Douglas P. Colbeth of Naperville, Ill., president of Spyglass Inc., which develops science-related software, and his wife, Margaret, to endow research in psychology and psychiatry at the Urbana-Champaign and Chicago campuses.

U. of the Incarnate Word (Tex.): $1,800,000 bequest from the estate of Arsenne Sara Blondin of San Antonio, an English professor at San Antonio College, for a library collection.

U. of Missouri at Columbia: $2,500,000 from Robert J. Trulaske, Sr., of St. Louis, chief executive officer of True Manufacturing Company, for undergraduate scholarships at the College of Business and Public Administration, and a $1,000,000 bequest from the estate of Dan Millikan of Columbia, Mo., a professor in the university’s department of plant pathology, to endow that department. Ursinus College (Pa.): $3,000,000 from Marilyn Lewis of Lederach, Pa., a former member of the Pennsylvania House of Representatives, and her husband, Drew, retired chairman of Union Pacific Corporation and former U. S. Secretary of Transportation, for a new field house.

Walt Disney Concert Hall Committee (Cal.): $5,000,000 from Roy E. Disney of Los Angeles, vice-chairman of the Walt Disney Company, and his wife, Patty, for the building campaign.