Home Forums College Rankings University of Chicago receives $125 million gift

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  • #52504

    Hello everyone!

    There has been a string of big gifts recently — most likely tied to the surging stock market — and University of Chicago was the recipient of one for $125 million from hedge fund manager Kenneth Griffin. The gift represents the second largest in the university’s history and U of C has now received over $350 million in large gifts so far this year.

    The gift will mostly fund the economics department which has now been renamed the Kenneth C. Griffin Department of Economics.

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    #52508

    kdwoy
    Participant

    The donations are very definitely tied to the stock market and need for tax write offs.

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