October 10, 2007
MIT Receives $100-Million Gift for Cancer-Research Center
The Massachusetts Institute of Technology has received a $100-million donation for a new cancer-research center from an alumnus who is a prostate-cancer survivor, MIT officials announced on Tuesday.
The donor, David H. Koch, who is an executive vice president and a board member of Koch Industries Inc., offered the gift on the condition that MIT build the center even if it has not raised enough private donations for the $280-million facility before the groundbreaking.
The Chronicle Review