May 11, 2001
$400-Million Is Pledged to Stanford
The William and Flora Hewlett Foundation has made a pledge of $400-million to Stanford University, the institution announced last week. The gift is the largest ever to an American institution of higher education.
The money will bolster Stanford's endowment for humanities, sciences, and undergraduate education.
Three-fourths of the gift will support Stanford's School of Humanities and Sciences, in the form of an unrestricted endowment, endowed professorships, and endowed
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