$100 Million Here, $100 Million There...

U of I gets second huge gift in as many days to Illinois universities
By NewsDude ,  Newser Staff
Posted Jun 2, 2007 6:38 AM CDT
The University of Illinois' Allerton Park and Retreat Center   (University of Illinois)
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(Newser) – And, as Illinois' late Senator Everett Dirksen once said, you are talking about real money. Tom Siebel, University of Illinois graduate and founder of Siebel Systems, a customer management relationship software firm, pledged $100 million in his will to the U of I.

The gift is in addition to $40 million Siebel previously pledged and is part of the university’s $2.25 billion fundraising campaign. It comes a day after the University of Chicago announced an anonymous $100 million donation to eliminate the need for lower income students to take out loans for tuition.