OT: WMU Gets $550M Anonymous Donation

[Chin Diesel]

This shouldn't be too hard to figure out, should it?

The number of people able to donate $550 million is a relatively small group.

$300m to med school.
$200m to scholarship and faculty
$50m for athletics

Western Michigan gets $550M donation – the largest single gift ever to a US public university

Western Michigan has received a "transformative" donation of $550 million, the largest single gift ever to a U.S. public university.

www.yahoo.com

 

[CardiacAndre7]

This shouldn't be too hard to figure out, should it?

The number of people able to donate $550 million is a relatively small group.

$300m to med school.
$200m to scholarship and faculty
$50m for athletics

Western Michigan gets $550M donation – the largest single gift ever to a US public university

Western Michigan has received a "transformative" donation of $550 million, the largest single gift ever to a U.S. public university.

www.yahoo.com

How many alumni from WMU could do that. Like you said it should be easy to figure.

 

[Ts5034]

Derek Jeter? He didn't go to college, but he is from Michigan.

 

[Tampahusky]

Derek Jeter? He didn't go to college, but he is from Michigan.

Even Jeter doesn’t have that kind of money lol

 

[HooperScooper]

Has to be this guy and maybe his brothers also.

Alec Gores

#1496 Alec Gores on the 2024 Billionaires - Gores has sponsored more than a dozen SPACs since 2015 as an early adopter of the blank-check frenzy that exploded

www.forbes.com

 

[superjohn]

It's either Gores or the Stryker granddaughter. Jeter is nowhere near that ballpark.

Whenever I see stuff like this I wonder why UConn doesn't seem to really have any huge donors. Has UConn ever had a billionaire grad or anyone with several hundreds of millions?

 

[Chin Diesel]

How many alumni from WMU could do that. Like you said it should be easy to figure.

Doesn't have to be a WMU grad. Could be someone who received care at Stryker or was helped by people or procedures from Stryker.

 

[Pinnacle]

What a colossal waste of money!

 

[HooperScooper]

It's either Gores or the Stryker granddaughter. Jeter is nowhere near that ballpark.

Whenever I see stuff like this I wonder why UConn doesn't seem to really have any huge donors. Has UConn ever had a billionaire grad or anyone with several hundreds of millions?

Agreed on Jeter. Plus he went to the University of Michigan (Ann Arbor) so I highly doubt he would give money to WMU.

Yeah, I can't think of any multi billionaires who went to UConn. Robert Burton is rich but I don't think he's anywhere close to a billionaire.

 

[HooperScooper]

What a colossal waste of money!

Why?

 

[CardiacAndre7]

Doesn't have to be a WMU grad. Could be someone who received care at Stryker or was helped by people or procedures from Stryker.

Said it’s from anonymous alumni

 

[Chin Diesel]

Said it’s from anonymous alumni

I concede your point only because it's written in the article I linked. Otherwise, I believe I may still have a point.

 

[seeya27]

Wow. It's one thing to give back to your school.

It's a whole other initiative to literally change the lives of 10s of thousands of students-- and impact medical care in the region so dramatically. It is an extraordinarily impressive gift.

 

[TRest]

Invite them to the AAC.

 

[NYtoCT]

Agreed on Jeter. Plus he went to the University of Michigan (Ann Arbor) so I highly doubt he would give money to WMU.

Yeah, I can't think of any multi billionaires who went to UConn. Robert Burton is rich but I don't think he's anywhere close to a billionaire.

I think Schenkmam is considered to be the biggest donor. At least to athletics. When the coaches roadshow came to Stamford their bus was at his office paying him a visit to kiss the ring during lunch hour.

 

[TheChamps990411]

This shouldn't be too hard to figure out, should it?

The number of people able to donate $550 million is a relatively small group.

$300m to med school.
$200m to scholarship and faculty
$50m for athletics

Western Michigan gets $550M donation – the largest single gift ever to a US public university

Western Michigan has received a "transformative" donation of $550 million, the largest single gift ever to a U.S. public university.

www.yahoo.com

What can i say, i felt charitable.

 

[HooperScooper]

I think Schenkmam is considered to be the biggest donor. At least to athletics. When the coaches roadshow came to Stamford their bus was at his office paying him a visit to kiss the ring during lunch hour.

And I forgot that Burton didn't even go to UConn.

 

[CL82]

I think Schenkmam is considered to be the biggest donor. At least to athletics.

Werth?

 

[CL82]

Has to be this guy and maybe his brothers also.

Alec Gores

#1496 Alec Gores on the 2024 Billionaires - Gores has sponsored more than a dozen SPACs since 2015 as an early adopter of the blank-check frenzy that exploded

www.forbes.com

We need to get those guys some honorary degrees

 

[andy34]

What a colossal waste of money!

As opposed to the money just sitting in some rich guy's investment portfolio & bank accounts?

 

[huskymedic]

I think Schenkmam is considered to be the biggest donor. At least to athletics. When the coaches roadshow came to Stamford their bus was at his office paying him a visit to kiss the ring during lunch hour.

Werth?

I would agree. I think Peter Werth towers (pun intended) over Shenkman and Burton.

->In addition, Peter Werth, the CEO of ChemWerth, Inc. once again stepped up in support of our student-athletes. He has been incredibly generous over the last several years and recently made a $7.5M gift to athletics, $2.5M of which will go towards the new hockey arena. With this gift Peter has given over $15M to UConn Athletics and over $37M to UConn overall. <-

 

[UCTitleTown]

You can buy a lot of players with that money.

 

[Pudge]

Malcolm Gladwell ...

His writing & podcast: the real waste of money are all these phonies who donate to the Ivy schools ... and Stanford etc. If you really want to make a difference, be like Henry Rowan. In about 1993, Henry donated to what was Glassboro State in NJ. $150m. They used it to set up a unique engineering school ... goes identifying regional talent in high schools from lesser elite communities. And beef up other schools at what is now Rowan University. I got involved with Rowan in 2008 with student housing. Rowan has grown from 9500 students in that year to 20,000 today. The town of Glassboro is amazingly vibrant today. NJ just merged Rowan with Cooper Hospital ... and they started a Medical School teaching program. And ... it continues.

So I applaud gifting Western Michigan. This will make a far bigger contribution to society than ... an few hundred million more to the $50billion endowment of some elite.

 

[QDOG5]

What a colossal waste of money!

If you had 550 mil to give away how would you do it?

 

[Kenny11]

If you had 550 mil to give away how would you do it?

Don't ask that here. The majority of money would go to uconn men's basketball recruiting lol