A $21-Million Fund for College's Computer Operations May Be First of Its Kind

A wealthy alumnus has given Bowdoin College $21-million for two technology endowments to pay for the recurring costs of computer and network upgrades, and for investments in new technologies such as Internet2. College officials say they believe it is the first time that a college's computer operations have been endowed.

The gift, from Stanley F. Druckenmiller, who is the managing director at Soros Fund Management, in New York, creates a $6-million endowment

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