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View of UMass Amherst campus

2 Institutions Receive Historic $50M Gifts

Marshall University in West Virginia has received a $50 million gift from an unusual donor: President Brad Smith and his...
Front door of brick building at Wharton School

A Record $60M Gift for Penn’s Wharton School

The Wharton School of the University of Pennsylvania has received a $60 million gift from alumnus Bruce Jacobs to launch...
An autumn day at Colby College in Maine

Record-Breaking Gifts for Georgia Tech, Colby College

Two institutions have received historic nine-figure gifts. Georgia Institute of Technology alumnus John Durstine, who died in February, donated $100...
A collage of images including the Elton and Janice Gallegly Center for Public Service and Civic Engagement on the California Lutheran campus.

California Lutheran Settles Lawsuit With Congressman

The settlement ends a years-long legal battle over former Republican congressman Elton Gallegly’s allegations that the university broke its contract regarding the operation of his namesake public service center.

Aerial view of OHSU campus

Nike Co-Founder Gives $2B to Oregon Cancer Institute

The Oregon Health & Science University will receive a $2 billion gift from Nike co-founder Phil Knight and his wife...

FIU Donor Pulls Funds Over President’s Politics

A Miami businessman has walked back a $1 million donation to Florida International University after lawmakers repealed in-state tuition for...

Colgate Receives $50M Gift for Its Third Century Campaign

Colgate University has received a $50 million gift from alumnus Peter Kellner, part of a total $105 million donated by...
A photo illustration of hands holding a stack of money.

House Republicans Finalize Plan to Increase Endowment Tax Up to 21%

The plan has been in the works for weeks and now will face a committee markup Tuesday.