America’s 2013 Top 10 College Donations


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In the world of philanthropy there are two types of donors that development offices love. High-quality donors who give consistently and over their lifetime will probably give six to seven figures of donations. Often these donors leave the bulk of their donation through their estate. The second are transformative donors who can change the paradigm of an entire institution with one donation. These donors are masters of their universe with the wealth and power they wield and often the barons of their particular industry. Donations from transformative donors range from eight to nine figures.

The top 10 donors of 2013 to colleges and universities  were definitely transformative. Led by Phil and Penelope Knight, owners of Nike, gave $500 million to Phil’s alma mater. An amount greater than the school’s entire endowment and with the condition that the school match his donation within two years. WOW.

ABOUT THE DONATIONS:

Total Giving Combined – $2.5 Billion

Median Donation – $110 Million

Average Donation -$168 Million

The combined donations are 25 percent greater than all HBCU endowments combined.

ABOUT THE DONORS:

Total Net Worth Combined – $113.9 Billion

Median Net Worth – $6.2 Billion

Average Net Worth – $8.1 Billion

12 of the 15 donors reside in either California or New York.

12 of the 15 donors made their wealth in either finance, investments, or real estate.

1. Philip (pictured above) & Penelope Knight – $500 Million

Recipient: Oregon Health & Science University

Source of Wealth: Manfacturing

Net Worth: $18.4 Billion

2. Michael R. Bloomberg – $350 Million

Recipient: The John Hopkins University

Source of Wealth: Media & Entertainment

Net Worth: $33 Billion

3. Charles B. Johnson – $250 Million

Recipient: Yale University

Source of Wealth: Finance

Net Worth: $7.5 Billion

4. Stephen M. Ross – $200 Million

Recipient: University of Michigan at Ann Arbor

Source of Wealth: Real Estate

Net Worth: $5.4 Billion

5. Muriel Block – $160 Million

Recipient: Yeshiva University, Albert Einstein College of Medicine

Source of Wealth: Real Estate

Net Worth: Deceased

6. John Arrillaga – $151 Million

Recipient: Stanford University

Source of Wealth: Real Estate

Net Worth: $1.9 Billion

7. Irwin M. & Joan K. Jacobs – $133 Million

Recipient: Cornell Tech

Source of Wealth: Telecommunications

Net Worth: $1.8 Billion

8. Charles T. Munger – $ 110 Million

Recipient: University of Michigan at Ann Arbor

Source of Wealth: Investments

Net Worth: $1.1 Billion

9T. Eli & Edythe Broad – $100 Million

Recipient: Harvard University, Broad Institute

Source of Wealth: Finance & Real Estate

Net Worth: $6.9 Billion

9T. T. Denny Sanford – $100 Million

Recipient: University of California at San Diego

Source of Wealth: Finance

Net Worth: $900 Million

9T. Frank H. McCourt – $100 Million

Recipient: Georgetown University

Source of Wealth: Finance & Real Estate

Net Worth: $1.7 Billion

9T. Sanford & Joan Weill – $100 Million

Recipient: Weill Medical College of Cornell University

Source of Wealth: Finance

Net Worth: N/A

9T. Ronald Perelman – $100 Million

Recipient: Columbia Business School

Source of Wealth: Finance & Investments

Net Worth: $14 Billion

9T. Stephen Schwarzman – $100 Million

Recipient: Tsinghua University (China)

Source of Wealth: Investments

Net Worth: $10 Billion

10. David Tepper – $67 Million

Recipient: Carnegie Mellon University

Source of Wealth: Finance & Investments

Net Worth: $10 Billion

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