February 2, 2001

$4-Million Anonymous Donation to Wake Forest U. Came Out of the Blue

Last summer, a Wall Street investment manager called Robert D. Mills, the associate vice president for advancement at Wake Forest University. The investment manager explained that one of his clients, who wished to remain anonymous, wanted to give the university $4-million for scholarships.

Mr. Mills thought it was a prank. "You don't get calls every day from someone who wants to give you millions of dollars, someone you don't know and aren't going to know," he