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Ooooh, I love a good mystery, and this one is especially fantastic!
The mystery college donor has struck again — this time at Binghamton University in New York, whose financial aid office phone started ringing off the hook as word of an anonymous $6 million contribution spread across campus.
Binghamton is the latest of at least a dozen universities to receive donations totaling more than $60 million in recent weeks. The gifts have arrived with the same, highly unusual stipulation: not only must the donor must remain anonymous, but not even the college can know who it is or try to find out.
The recipient colleges seem to have almost nothing in common except this: so far, all are led by women …
“They said, ‘we think you better come and look at this. We can’t tell if we’re counting the zeros right,” said [Bingamton] president Lois DeFleur. The university was instructed to use $4 million on financial aid and $2 million for areas of general need.
The schools have been informed of the donations by a bank executive — they are told to expect a cashier’s check with a note explaining how the money should be spent. The notes are all similar: “It is hoped that this gift will make a substantial difference to your students during these challenging times enabling a more confident, sharper focus on their studies with improved career and life prospects.” There’s no mention of why these specific school were chosen.
Who’s making these huge donations? And why? According to the news release, speculation on the source has ranged from a humble philanthropist so selfless as to not even claim a tax deduction, to disgraced financier Bernie Madoff or a soon-to-be-divorced businessman trying to unload hidden assets. What — it couldn’t be a soon-to-be-divorced businesswoman trying to unload hidden assets? Women can hide money with the best of them, people!
Whoever it is, Lord knows these students need financial aid more than ever. As word of the donation spread, the financial aid office at Binghamton was overwhelmed with phone calls from students wanting a piece of the action. Whoever you are and whatever reason you have for doing this, thank you! I hope you inspire others to do the same, even if they are trying to hide assets from the husband they’re about to divorce.
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We just hired a lady provost, can my school get a bump…?
I always hope that people who have money help others. What’s the point in having so much money while others suffer?
Awesome!
My school received 1.5 million! Wonder if we’ll ever find out who this donator is.
tell ‘em to hit Berkeley. I think tuition is going up..