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The Chronicle of Higher Education reported last week that the University of Chicago's Graduate School of Business received a $300 million gift from one of its alumni. The gift is not only the largest ever to a business school, but also one of the dozen largest ever to a higher education institution. The Chronicle noted that the donor, David G. Booth, said "the gift came without restrictions."
While alumni are of course free to do with their money as they see fit, ACTA has always advised donors to give intelligently, part of which means clearly stating their intentions. In The Intelligent Donor's Guide to College Giving, we outline the 15 steps donors can take to ensure that the university spends their donation wisely. Potential donors would do well to consult the guide -- even if their donations don't quite match up to that of David Booth.
Posted by David Azerrad on November 10, 2008 at November 10, 2008 05:47 PM
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