facebook
twitter
rss
account
search
search
 

Yale alum donates $250M toward new residential colleges

Sept. 30, 2013 at 4:40 PM   |   Comments

NEW HAVEN, Conn., Sept. 30 (UPI) -- A Yale alumni has donated $250 million to the Connecticut college to help build two new residential colleges, school officials said Monday.

Yale President Peter Salovey said the gift, from Charles B. Johnson, a 1954 graduate of the exclusive Ivy League school, is the most recent in a string of gifts that have established the Johnson Center for the Study of American Diplomacy and the school's athletics program, among others.

When built the structures will allow for 15 percent more incoming freshmen.

This year's Yale freshmen class numbered 1,360 -- a fraction of the more than 29,000 applicants.

The fund to build the two new dormitories is now about $80 million shy of its goal. The structures will be built exclusively through alumni donations, Salovey said.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Recommended UPI Stories
Featured UPI Collection
trending
Celebrity Couples of 2014 [PHOTOS]

Celebrity Couples of 2014 [PHOTOS]

Most Popular
1
China questions Americanism in SATs
2
Dairy Queen hit by Backoff malware breach
3
Plague bomb data found on seized Islamic State laptop
4
St. Paul police arrest a black man for sitting on a bench waiting for his children
5
Video: Free Syrian Army unleashes 'Hell Cannon' in fight against Assad
Trending News
Video
x
Feedback