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Western Michigan University receives record-breaking $550M donation
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.
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’s 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.
originally posted by: Bigburgh
a reply to: Nyiah
Homer Stryker? He was an Alumni. His granddaughter Ronda...
In 2014, the Western Michigan University School of Medicine was renamed to the Western Michigan University Homer Stryker M.D. School of Medicine after an initial anonymous donation of $100 million was given to the school by Stryker’s granddaughter, Ronda Stryker.
Good for them
originally posted by: RickyD
a reply to: eXia7
Not sure it all came from one somebody as the article references alumni in the plural. I hope the write off benefits them as much as the money will benefit their students.
Note: Alumni can be used to refer to men only, and in that case alumnae is used to refer to women only, but more often alumni is used to refer to either or both sexes where both attend the same school. The singular forms are alumnus for a man, and alumna for a woman.
alumni plural noun
originally posted by: RickyD
a reply to: eXia7
Not sure it all came from one somebody as the article references alumni in the plural. I hope the write off benefits them as much as the money will benefit their students.