28 April 2009

[NYC] Mystery Donor Gives $5M to Hunter College and other colleges run by women

suggested by Brittany, re-posted from NY Post

So kick ass! Now I only hope they use the designated scholarship money for students who really need it (versus as a recruitment tool for Ivy Leaguers)... --ianna.

Mystery Donor Gives $5M to Hunter College
Associated Press

A mystery donor has given millions to at least 14 colleges run by women.

Hunter College said Monday it received $5 million in the fall and realized only recently that more than a dozen other colleges nationwide had received similar donations.

Hunter College President Jennifer Raab says the money "couldn't have come at a better time."

The City University of New York school says the donor earmarked $4 million for scholarships. The school will use the rest to update its library and give students more group study space.

The gift is Hunter College's largest-ever donation.

At least 13 other schools with women presidents have received anonymous donations ranging from $1 million to $10 million in the last two months. The gifts total at least $74.5 million so far.

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