Re:Stanford, Duke, Rice, … and Gates?
by zck on Tuesday August 18, 2009 @12:10PM
(#770752)
This idea seems contrary to Gates's goals. He's said that he wants the money he's giving to charity to be spent in his lifetime. Endowing a school would necessarily prevent this goal.
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Just to name a couple: The Foundation endowed $20 million to Duke University (University Scholars program). He also endowed $10 million to the University of Washington in his mother's memory (Mary Gates Scholars program).