Yale announces largest donation in school history - FOX13 News, WHBQ FOX 13

Yale announces largest donation in school history

Posted: Updated:
NEW HAVEN, Conn. (AP) - Yale University has announced a $250 million gift from a 1954 graduate, saying it's the largest in school history and will help pay for the first expansion of its residential college system in decades.

Yale President Peter Salovey on Monday announced the gift commitment from Charles B. Johnson, who retired last year as chairman of the board of Franklin Resources.

Salovey says the gift brings Yale within $80 million of the funds needed to break ground on two new residential colleges.

Yale, which has 12 existing residential colleges, last built new residential colleges in 1961. The construction of two more will enable the Ivy League university to accept a larger percentage of highly qualified applicants to its undergraduate program.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Connecticut NewsConnecticut NewsMore>>

  • Man charged with shooting pet turtle

    Man charged with shooting pet turtle

    Monday, July 28 2014 8:26 AM EDT2014-07-28 12:26:19 GMT
    A Stonington man has been charged with cruelty to animals after police say he shot his girlfriend's pet turtle. Steven Richard, 31, reportedly used a BB gun to shoot the turtle in the head Friday night outside a home on Pawtucket Avenue. Police responded to the home just after 8 p.m. when a neighbor reported an argument between Richard and the woman who lives there.
    A Stonington man has been charged with cruelty to animals after police say he shot his girlfriend's pet turtle. Steven Richard, 31, reportedly used a BB gun to shoot the turtle in the head Friday night outside a home on Pawtucket Avenue. Police responded to the home just after 8 p.m. when a neighbor reported an argument between Richard and the woman who lives there.
  • Ron Howard sells Connecticut-New York estate for $27.5 million

    Ron Howard sells Connecticut-New York estate for $27.5 million

    Friday, July 25 2014 2:47 PM EDT2014-07-25 18:47:39 GMT

    Now that they're empty-nesters, Ron Howard and his wife have sold their nest straddling the New York and Connecticut state line for $27.5 million. Howard and his wife, Cheryl, bought the Conyers Farm estate in Greenwich, Connecticut, and Armonk, New York, in 1991 and spent years constructing the house and outbuildings.


    Now that they're empty-nesters, Ron Howard and his wife have sold their nest straddling the New York and Connecticut state line for $27.5 million. Howard and his wife, Cheryl, bought the Conyers Farm estate in Greenwich, Connecticut, and Armonk, New York, in 1991 and spent years constructing the house and outbuildings.


  • Mom: 4-year-old banned from doughnut shop

    Mom: 4-year-old banned from doughnut shop

    Thursday, July 24 2014 3:05 PM EDT2014-07-24 19:05:13 GMT
    4-year-old Justin Otero is a curious guy, but his curiosity got him into some trouble at his local Connecticut doughnut shop.
    4-year-old Justin Otero is a curious guy, but his curiosity got him into some trouble at his local Connecticut doughnut shop.
Powered by WorldNow

WHBQ-TV | Fox 13
485 S. Highland St.
Memphis, TN 38111

Main Station: (901) 320-1313
Newsroom: (901) 320-1340

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices