Philanthropy In Education, From Grade School To Law School
Here are some recent giving events that impressed us:
Archdiocese of New York
The financier Stephen Schwarzman, and his wife, Christine, a former attorney, gave $40 million to help endow the Inner-City Scholarship Fund, which provides financial aid to needy children attending Catholic schools in the Archdiocese.
The donation is the lead gift in an effort to raise $125 million to endow the scholarship program. The Archdiocese will provide another $40 million and the rest will be raised from other donors.
Ms. Schwarzman serves on the board of trustees of the scholarship fund. Mr. Schwarzman founded Blackstone, a global asset-management firm.
Joel Smilow, a retired chief executive of International Playtex Inc., gave $4.2 million to KIPP DC charter school to renovate and expand its campus. The school for students from pre-kindergarten through eighth grade will be named for him.
Campbell University Law School
G. Eugene Boyce, an attorney, and his wife, Pat, gave $8 million in cash and property to the law school to establish the G. Eugene Boyce Center of Advocacy. The center will house the law school’s advocacy program and training programs on the use of new courtroom technologies during trials.