Small liberal arts school Centre College lands $250M donation
- Centre College, a small liberal arts school in Danville, Ky., received a $250 million donation Tuesday.
- The A. Eugene Brockman Charitable Trust made the all-stock donation, which is No. 19 among the 20 largest gifts ever to a U.S. college or university and the second-largest since 2011.
- The gift will be used to fund 40 new annual, merit-based Brockman Scholarships beginning in fall 2014, covering room and board, tuition and fees—plus the cost of studying abroad, summer research and internships—for students in natural sciences, economics and computational sciences majors.
From the article:
... The school, which has produced two U.S. vice presidents and a pair of U.S. Supreme Court justices, will award the scholarships to students who “have a very good chance of making a mark on the world,” said Richard Trollinger, a campus vice president.
Centre President John A. Roush said the gift, which comes in the form of stock in Universal Computer Systems Holding Inc., represents a “fundamental transformation” in the school’s ability to support students demonstrating leadership potential. ...
- The Washington Post Read More
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