January 9, 2009

Despite Downturn, Some Colleges Continue to Receive Major Gifts

By DAVID SHIEH

Twenty million dollars to Vanderbilt University for financial aid. Seventeen million dollars to Washington and Lee University for faculty programs. Ten million dollars to the State University of New York at Stony Brook for science research.

Donations of such magnitude, all announced in December, may seem unlikely in the current economic climate, but a handful of colleges and universities have continued to receive them.

Is there a method to their success?

H.F. (Gerry)

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