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Western Michigan University receives record-breaking $550M donation
Posted on 6/8/21 at 2:40 pm
Posted on 6/8/21 at 2:40 pm
quote:
KALAMAZOO, MI -- Anonymous donors gifted Western Michigan University $550 million, the largest ever gift to a public university, the Washington Post reported Tuesday.
The donation from anonymous university alumni breaks the previous record for a private donation of $500 million in 2016 to the University of Oregon, the Washington Post said.
The university is planning a news conference Tuesday, June 8, to announce a “transformational development that will strengthen the university community for generations to come,” according to a press release from the university. The 1 p.m. announcement will be streamed online at wmich.edu.
WMU’s record-breaking gift will be delivered to the university’s foundation over 10 years where it will flow into three main streams, according to the Washington Post story: $300 million for Western Michigan University Homer Stryker M.D. School of Medicine; $200 million for need-based financial aid, faculty hiring and other university initiatives; and $50 million for the school’s Bronco athletic programs.
LINK
Posted on 6/8/21 at 2:41 pm to RLDSC FAN
Tim Allen must have bought DOGE
Posted on 6/8/21 at 2:45 pm to RLDSC FAN
(no message)
This post was edited on 6/8/21 at 3:17 pm
Posted on 6/8/21 at 2:46 pm to RLDSC FAN
quote:
"A student wears a mask while walking on the main campus of Western Michigan University"
I'm so glad they clarified that for us.
Posted on 6/8/21 at 2:46 pm to RLDSC FAN
Nobody can keep that kind of secret so the donor gets to reap the accolades while seeming unpretentious.
Posted on 6/8/21 at 2:51 pm to HailHailtoMichigan!
quote:
Not trying to be a jerk, but wouldn't 550 million go a much longer way at a school like MIT, Cal tech, or an Ivy?
Yes, what Stanford really needs is its endowment to go $29B to $29.5B.
Posted on 6/8/21 at 2:59 pm to usc6158
(no message)
This post was edited on 6/8/21 at 3:18 pm
Posted on 6/8/21 at 3:00 pm to RLDSC FAN
That can build a lot of non-binary bathrooms.
This post was edited on 6/8/21 at 3:00 pm
Posted on 6/8/21 at 3:04 pm to LasVegasTiger
quote:
Anonymous is Ted Danson
Larry David was so vain to have his name on a wing.
Posted on 6/8/21 at 3:06 pm to RLDSC FAN
So that probably break's the current record of $110 million as a single donation to a public university.
Set by none other than......LSU and Claude Pennington. And that was 35 years ago.
Set by none other than......LSU and Claude Pennington. And that was 35 years ago.
This post was edited on 6/8/21 at 3:07 pm
Posted on 6/8/21 at 3:10 pm to HailHailtoMichigan!
quote:
What school would likely conduct better research with half a billiion donation.
WMU or MIT?
Perhaps the reason WMU can't conduct "better" research is they don't have the funding of the other, more prestigious schools. This, perhaps, provides WMU with that opportunity.
Posted on 6/8/21 at 3:12 pm to Box Geauxrilla
Is their logo just an inverted version of the Michigan M?
Posted on 6/8/21 at 3:15 pm to HailHailtoMichigan!
quote:
HailHailtoMichigan!
You seem like a jealous, whiny little bitch that no one who is a graduate of UM is stepping up like this....
App State says, 'Hello'... And I was there in the big house for the game...
This post was edited on 6/8/21 at 3:23 pm
Posted on 6/8/21 at 3:16 pm to member12
Yes. A W is just like an upside down M.
Congrats on graduating Kindergarten, Billy Madison…
Congrats on graduating Kindergarten, Billy Madison…
Posted on 6/8/21 at 3:19 pm to Tbonepatron
quote:
Yes. A W is just like an upside down M.
It's the exact same font.
Posted on 6/8/21 at 3:21 pm to member12
quote:
So that probably break's the current record of $110 million as a single donation to a public university.
Set by none other than......LSU and Claude Pennington. And that was 35 years ago.
quote:
The donation from anonymous university alumni breaks the previous record for a private donation of $500 million in 2016 to the University of Oregon, the Washington Post said.
Posted on 6/8/21 at 3:21 pm to LasVegasTiger
quote:
Anonymous is Ted Danson
bitch don't lie it was lizzo
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