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August 30, 2007

Alumni Of Schools With Massive Endowments Looking To Donate Elsewhere

A rising cohort of philanthropists are eschewing their richly endowed alma maters in favor of schools with meager resources. Turned off by massive endowments at the nation's top schools, they seek to make a greater impact at less-wealthy institutions. They are probably also aware of a fringe benefit: getting your name on a building is a cheaper proposition at schools not accustomed to seven-figure donations. Read more at: http://online.wsj.com/article/SB118826200944010463.html

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