October 26, 2006

Stanford U. Receives $90-Million in Big Donations; Other Recent Gifts

Twelve institutions have received big gifts:

  • Stanford University, in California, has received a gift of $50-million from Peter S. Bing, a private investor in Los Angeles, and his wife, Helen, to build a new concert hall, as part of the university's planned performing-arts center. Mr. Bing graduated from the university in 1955 with a medical degree and in 1956 received a bachelor's degree in humanities.

    Stanford also received $30-million from Jay A. Precourt, chairman

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