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.
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.
The A. Eugene Brockman Charitable Trust this week reneged on a $250 million donation in stock to Centre College hours before the deal closed. It would've more than doubled the small school's endowment. Before the floor fell out, Centre had planned to create 160 full economics, business and science scholarships with the money.