January 12, 2006

Real-Estate Mogul Pledges $100-Million to Arizona State U.; Other Gifts

Nine institutions have received big gifts:

  • Ira A. Fulton, founder of Fulton Homes, a residential real-estate development company in Tempe, Ariz., and his wife, Mary Lou, have pledged $100-million to Arizona State University Foundation, in Tempe. The Fultons stipulated that the money is to be split between the College of Education, the foundation, and a discretionary fund for Michael Crow, the university's president. Mr. Fulton attended the university, but did not graduate, and

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