Pursuits
Rutgers Gets $27 Million Gift, Largest in University’s History
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Rutgers University received the biggest gift in its history, $27 million from an anonymous donor, to establish 18 endowed chairs in subjects ranging from business education to the sciences.
The donation will be structured as a challenge grant, the New Brunswick, New Jersey-based university said today in a statement on its website. For every $1.5 million raised for a chair that meets the donor’s criteria, a matching gift will be provided.