Why Do People Keep Giving Harvard Such Huge Gifts?

With the latest $150 million donation, it’s easy to think the wealthy university’s wealthy alumni simply shower them with riches. Okay, they sort of do, but it’s important to look at such gifts in the context of the school’s powerful and strategic fundraising machine, as well as some national trends. Even a record-breaking donation is just the tip of the iceberg.

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A Nominal Mystery at Drexel Law

Drexel University Law will no longer bear the name of donor Earle I. Mack ('59), who donated $15 million 2 years after the school graduated its first class. Made available in full-text glory here by an anonymous Drexel Law alum and blogger, the e-mail the school sent out regarding the decision was congenial to a fault and leaves many remaining questions.

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Cancer, Sports, and Business: Phil Knight's Charitable Darlings

Oregon Health and Science University (OHSU) alumni Phil Knight last Friday promised the school $500 million for cancer research on the condition that they can garner another $500 million in support from elsewhere over the next two years. This is the latest in a series of three gifts from the Nike co-founder and his wife, Penny, to OHSU;
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Trinity Washington and Alumni Flattery

Trinity Washington University received one quarter of the total money they need to fund a new $40 million academic center from alumna Joan Payden. Construction will begin summer 2014. Payden, who earned who earned her BA from Trinity in physics and math, now runs an $80 billion investment firm in LA: Payden & Rygel.

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