Saturday, April 25, 2009

Anonymous donations to US universities


The contributions -- nearly 70 million dollars! -- have several things in common: (a) the beneficiary universities are headed by women, (b) the bulk of the contributions is meant for scholarships for women and minorities, and (c) all except one are public universities.

Fascinating:

The call typically comes from a banker, bringing word of a fairy godmother. This is followed quickly by a check arriving in the mail — or two checks, the larger earmarked for scholarships for women and minority students, the smaller to be spent at the recipient’s discretion.

The only catch, for at least a dozen colleges and universities that have benefited from the surprise largess over the past two months, is that the donor must remain anonymous. ...

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