Dive Summary:
- Bucknell University is announcing that a pair of anonymous donors described only as "a Bucknell couple" gave $10 million to the school--only the third eight-figure gift in its history--in the wake of news that the school reported inaccurate data to U.S. News & World Report.
- Though bad news about an alma mater is typically believed to scare donors away, John C. Bravman, the school's president, says the couple "wanted to stand with the university at this point in time," and do so "in a very concrete way."
- News of the school's reporting of faulty data broke two weeks ago when it announced that a former employee had doctored the SAT and ACT averages it reports to U.S. News and others.
From the article:
Since the announcement, Bravman has received hundreds of calls and e-mail messages. And while Bravman said in an interview that some of those contacting him have been angry, he said that most have been extremely supportive of the college for being forthright about the past problem and how Bucknell would fix it. ...