X

Carnegie Mellon Wins $265M Gift

Steel magnate William Dietrich's donation largest in years
By Mark Russell,  Newser Staff
Posted Sep 7, 2011 4:40 AM CDT
Carnegie Mellon Wins $265M Gift
This undated photo provided by Carnegie Mellon University shows William Dietrich, who just pledged $265 million to the school.   (AP Photo/Carnegie Mellon University)

(Newser) – Carnegie Mellon University just scored a big boost, as former steel magnate William Dietrich pledged $265 million to the Pittsburgh-based school, reports AP. With charitable giving down due to the economic downturn, Dietrich's gift is considered one of the largest to a private university in recent years. "It is one of a handful of universities in the world that has the potential to become a truly global institution," Dietrich said. "All of this makes Carnegie Mellon a great investment." (Read more Carnegie Mellon University stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
X
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.

X