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Dartmouth College gets $100 million anonymous donation

Donations to colleges and universities in the U.S. rose 9 percent in 2013 to a record $33.8 billion.

By Aileen Graef
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HANOVER, N.H., April 10 (UPI) -- Ivy League Dartmouth College received a donation of $100 million from an unidentified benefactor.

The college said they'll use the largest single donation in its 244-year history to hire 30-40 new professors over the next 10 years and towards the "Challenge grant," which is aimed at raising even more money.

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The Challenge grant will be useful, as the same anonymous donor promised the school another $100 million if they raise $50 million on their own by December 31 of next year.

[HuffPost Live]

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