Wednesday, February 19, 2014

Kyla cakarnis current event

Harvard receives a gift of $150 million

It's the largest gift in the nearly 400-year history of Harvard College, a nine-figure sum aimed at giving hundreds of students who win admission "against long odds" the means to attend. The $150 million donation from hedge-fund chieftain Ken Griffin, class of '89, will fund full scholarships for 200 Harvard undergraduates and provide matching funds for another 600. "It's about having a chance to play a part in helping to ensure the next generation of leaders in America has access to the finest institution in the world," said Griffin, who founded the Chicago-based Citadel fund a year after graduating with a bachelor's degree in economics. Griffin told CNN the scholarships are aimed at students who "have done really, really well in their classwork against long odds. This is their chance to go to America's greatest college." 

I think this was a very nice thing for him to do. Almost everyone donates their money to various causes but he picked a very specific use for his donation. This specific use is to help students who would otherwise not be able to attend. 

1 comment:

  1. I think anything that helps students attend is really great.

    ReplyDelete