Education and Civil Society
UAA gets $7 million from mystery donor
(Anchorage Daily News, 2 May 2009) -- The anonymous donor who has been giving millions of dollars to universities across the country in the last few months has struck again—this time in Alaska. The University of Alaska Anchorage announced Friday that it has received $7 million from an unknown source. It is the largest private donation in the university's history. Most of the money is to be used for student scholarships, particularly for women and minorities. Another stipulation: The university cannot try to find out who the donor is. ... UAA's Chancellor Fran Ulmer received her notice of largess in a FedEx box that arrived at her office in March, she said. The box contained a simple letter telling her about the money and about the condition of anonymity. ... The university is putting $1 million of the gift toward opening the newly built Conoco Phillips Integrated Science Building this fall. The remaining $6 million will be put into an endowment fund and invested. The university will offer full scholarships to fifty students a year—forever, officials hope. It will be called the Seawolf Opportunities Scholarship, and it will be available to need-based Alaskans who are first generation college students in their families. Only first-time freshmen can apply.
Posted 2 May 2009; 5:02:00 PM. Permalink
Tagged: Alaska, Circumpolar News, Education and Civil Society, United States
email to: agra...@yukoncollege.yk.ca
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