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Foundation Giving

U.Va. to Receive $114-Million; Other BigGifts

October 17, 2002 | Read Time: 2 minutes

Two universities have received large donations:

  • The University of Virginia, in Charlottesville, has received a bequest of $64-million and a $50-million trust, which will come to the university in 25 years, from David A. Harrison III, who died in June, and his late wife, Mary. The $64-million was earmarked by the Harrisons to endow professorships in the schools of law and medicine and support capital improvements, the library, and academic programs. The trust was not earmarked for any specific purpose.

    Mr. Harrison, an alumnus of both the university’s undergraduate program and its law school, was an investment banker with Reynolds & Company, later Dean Witter Reynolds, and operated a farm near Hopewell, Va.

  • William E. Bindley, an Indianapolis businessman and civic leader, has pledged $52.5-million to his alma mater, Purdue University, in West Lafayette, Ind. The money will be used to construct a new bioscience-research center, endow faculty chairs, and support student scholarships and academic programs.

Other nonprofit organizations received large donations:

Clemson U. (S.C.): $6-million pledge from an anonymous donor to support faculty chairs and joint programs in architecture, civil engineering, and construction science and management, as well as an athletic center and museum.

Cleveland Clinic: $8-million from Carl Glickman, a Cleveland real-estate developer, for training, research, and future capital needs, including expansion of the clinic’s urological institute.

Kimmel Center for the Performing Arts (Philadelphia): $5-million pledge from Sidney Kimmel, founder and chairman of the Jones Apparel Group in Bristol, Pa., to improve the facility.


Nuclear Threat Initiative (Washington): $2.5-million over five years from Warren Buffett, chief executive officer of Berkshire Hathaway, in Omaha, for efforts to reduce the threat of nuclear, biological, and chemical weapons.

Ripon College (Wis.): $2.5-million bequest from the estates of Harold and Cora Trautman Foulkes, alumni formerly of Fort Lauderdale, Fla., to reduce the college’s debt; and a $1.25-million bequest from the estate of Mable Schwiesow Lent, of Ripon, Wis., an accountant who briefly attended the college in the 1930s, for scholarships.

Rutgers U., Mason Gross School of the Arts (New Brunswick, N.J.): artworks valued at $5.47-million from June Wayne, a California artist and founder of the Tamarind Lithography Workshop in Los Angeles, for the Center for Innovative Print and Paper. The gift includes more than 3,300 works by Ms. Wayne and 128 other artists, including Willem de Kooning and Robert Motherwell.

U. of Chicago, Graduate School of Business: $7-million from alumnus Michael Polsky, founder and former chief executive officer of Skygen LLC, in Northbrook, Ill., to create a center for entrepreneurship.

U. of Wisconsin Foundation (Madison): $1.25-million bequest from Mable Schwiesow Lent, of Ripon, Wis., an accountant, for cancer and cardiology research.


Virginia Center for Creative Arts (Sweet Briar): $1-million over seven years from an anonymous donor to endow a resident-artist program and for capital projects, an existing endowment, and an annual fund to support operations.


— Compiled by Jessica Kronstadt