Harvard University, a four-year college located in Cambridge, Mass., which has produced many famous alumni, announced this week its largest single donation in history. It was $150 million, and it was from Kenneth Griffin, a stock trader based in Chicago.
The gift would provide financial aid to as many as 800 students every year in varying amounts, the university said, from 200 full rides to partial support. “Ken Griffin’s extraordinary philanthropy is opening Harvard’s gates wider to the most talented students in the world, no matter their economic circumstances,” said Harvard President Drew Gilpin Faust in a press release.