April 5, 2007

$33-Million Award Promised to Va. University; Other Gifts

Four higher-education institutions have received big gifts:

  • H.F. (Gerry) Lenfest, founder of Lenfest Communications, in Wilmington, Del., and chair of the Lenfest Foundation, in West Conshohocken, Pa., and his wife, Marguerite, have promised to match all gifts up to $33-million made to Washington and Lee University, in Lexington, Va., to increase faculty compensation. Mr. Lenfest, who graduated from the university in 1953 with a bachelor's degree in economics, and his wife had

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