October 18, 2007

$200-Million Donated to Calif. College; MIT and a Pa. Fund Also Win Big Gifts

By Maria Di Mento and Anne W. Howard

Three institutions have received $100-million or more from individuals:

  • Robert Day, a California financier, is giving $200-million to his alma mater, Claremont McKenna College, a liberal-arts institution in Claremont, Calif., to pay for a new master's-degree program for economics and finance. Mr. Day helped the college design the program. In addition, the college plans to upgrade undergraduate programs in those fields and finance new scholarships.
  • The Massachusetts

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