Le Moyne College, a Jesuit institution in Syracuse, N.Y., has received a $50-million bequest from Robert and Catherine McDevitt, longtime supporters of the college, the Business Wire has announced. The husband and wife, who both died this year, derived their wealth from IBM shares collected over many decades; Mr. McDevitt’s mother served as secretary to the company’s founding president. The gift, which will more than double Le Moyne’s current endowment, will be dedicated to the academic areas of computer science, information processing, physics, and religious philosophy, according to college officials.
The Chronicle Blogroll
Quick links to all of The Chronicle's blogs:
Mission: Innovation
How organizations can better foster new ideas
Prospecting
Fundraising tips, tricks, and advice
The Giveaway
How people and foundations are donating
Social Philanthropy
Exploring the use of social media for social good
Government & Politics Watch
Tracking the intersection of politics and philanthropy
Good Advice
How consultants can better serve nonprofits
Moving Pictures
Gain attention with your charity's photographs
Profit and Purpose
Working together to solve social issues
Against the Grain
A candid conversation about nonprofit boards
Money and Mission
Discussing the world of nonprofit finance






