September 24, 1999

Bill and Melinda Gates Pledge $1-Billion for Minority Scholarships

The grant will finance 1,000 new awards annually for the next 20 years

Three weeks after creating the country's wealthiest foundation, Bill and Melinda Gates put their largesse on vivid display last week,

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Largest Private Gifts and Grants to Higher Education Since 1967

pledging to spend $1-billion over 20

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