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Western Michigan University receives record-breaking $550M donation

Posted on 6/8/21 at 2:40 pm
Posted by RLDSC FAN
Rancho Cucamonga, CA
Member since Nov 2008
51401 posts
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 by jmcwhrter
Member since Nov 2012
6549 posts
Posted on 6/8/21 at 2:41 pm to
Tim Allen must have bought DOGE
Posted by JetsetNuggs
Member since Jun 2014
13872 posts
Posted on 6/8/21 at 2:42 pm to
reminds me of this:

Posted by LasVegasTiger
Idaho
Member since Apr 2008
8046 posts
Posted on 6/8/21 at 2:43 pm to
Anonymous is Ted Danson
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69227 posts
Posted on 6/8/21 at 2:45 pm to
(no message)
This post was edited on 6/8/21 at 3:17 pm
Posted by Box Geauxrilla
Member since Jun 2013
19116 posts
Posted on 6/8/21 at 2:46 pm to
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 by Jim Rockford
Member since May 2011
98111 posts
Posted on 6/8/21 at 2:46 pm to
Nobody can keep that kind of secret so the donor gets to reap the accolades while seeming unpretentious.
Posted by usc6158
Member since Feb 2008
35305 posts
Posted on 6/8/21 at 2:51 pm to
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 by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69227 posts
Posted on 6/8/21 at 2:59 pm to
(no message)
This post was edited on 6/8/21 at 3:18 pm
Posted by Chad504boy
4 posts
Member since Feb 2005
166075 posts
Posted on 6/8/21 at 3:00 pm to
That can build a lot of non-binary bathrooms.
This post was edited on 6/8/21 at 3:00 pm
Posted by PiscesTiger
Concrete, WA
Member since Feb 2004
53696 posts
Posted on 6/8/21 at 3:04 pm to
quote:

Anonymous is Ted Danson



Larry David was so vain to have his name on a wing.
Posted by member12
Bob's Country Bunker
Member since May 2008
32071 posts
Posted on 6/8/21 at 3:06 pm to
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.
This post was edited on 6/8/21 at 3:07 pm
Posted by Alt26
Member since Mar 2010
28209 posts
Posted on 6/8/21 at 3:10 pm to
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 by Tigerbait357
Member since Jun 2011
67833 posts
Posted on 6/8/21 at 3:11 pm to
quote:

$550M


Posted by member12
Bob's Country Bunker
Member since May 2008
32071 posts
Posted on 6/8/21 at 3:12 pm to
Is their logo just an inverted version of the Michigan M?
Posted by LCA131
Home of the Fake Sig lines
Member since Feb 2008
72584 posts
Posted on 6/8/21 at 3:15 pm to
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 by Tbonepatron
Member since Aug 2013
8447 posts
Posted on 6/8/21 at 3:16 pm to
Yes. A W is just like an upside down M.

Congrats on graduating Kindergarten, Billy Madison…
Posted by member12
Bob's Country Bunker
Member since May 2008
32071 posts
Posted on 6/8/21 at 3:19 pm to
quote:

Yes. A W is just like an upside down M.



It's the exact same font.
Posted by Gravitiger
Member since Jun 2011
10372 posts
Posted on 6/8/21 at 3:21 pm to
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 by USMEagles
Member since Jan 2018
11811 posts
Posted on 6/8/21 at 3:21 pm to
quote:

Anonymous is Ted Danson


bitch don't lie it was lizzo
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