For most people, giving a few dollars a year to their alma mater makes them feel good enough. However, billionaires are not the majority of people, so it should be no surprise that some of their donations are often in the hundreds of millions if not more.
Jim and Marilyn Simons announced a $500 million donation to the State University of New York at Stony Brook in 2023. The gift will support student scholarships, research, and clinical care.
Phil Knight and his wife, Penny, announced a donation of $500 million to Oregon Health and Science University for a cancer institute, contingent on the school raising the same amount within two years.
Mark Zuckerberg and Priscilla Chan donated $519 million to Harvard University to create the Kempner Institute for the Study of Natural and Artificial Intelligence.
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