June 9, 2005

Massachusetts College Receives $27-Million Bequest; Other Recent Gifts

Seven institutions have received big gifts:

  • Wellesley College, in Massachusetts, has received a $27-million bequest from Leonie Faroll to renovate the college's power plant and science center, as well as buy equipment for the center. Ms. Faroll, who died in 2003, was a marketing analyst at Scudder, Stevens & Clark, in New York, and was a member of the college's class of 1949. She made her money primarily from investing her earnings and an inheritance.
  • Middlebury

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