Saturday, November 17, 2007

Claremont Colleges Receive $1.5 Million Gift

According to The San Bernardino County Sun (subscription required, article taken down), the Consortium announced on Friday that it had received a $1.5 million gift from the Andrews W. Mellon Foundation that will support "faculty hiring and retirement transition plans over at a five-year period."

The gift means that each of the five undergraduate universities will be able to hire a new faculty member.

This foundation typically gives gifts for the purpose of helping the arts and cultural affairs certain questions must be asked. Is this $1.5 million gift a consolation prize post-Day gift? I wouldn't count on it as it's been given to all five colleges, but then again, I wouldn't count it out either.

Exit question: Why has this gift not been announced on any of the five college websites?

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