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Office of News and Information Johns Hopkins University / 3400 N. Charles Street Baltimore, Maryland 21218-2692 Phone: (410) 516-7160 / Fax (410) 516-5251 |
September 30, 1994 FOR IMMEDIATE RELEASE CONTACT: Dennis O'Shea [email protected] |
Krieger Challenge Update
The largest gift in the history of The Johns Hopkins University was pledged during the advance gift phase of The Johns Hopkins Initiative and will count toward the campaign's total.The gift, $50 million from the Zanvyl and Isabelle Krieger Fund, was structured as a matching challenge. The fund, established by Zanvyl Krieger, a 1928 graduate, has pledged to match, dollar-for-dollar, $50 million in gifts to the endowment of the Johns Hopkins University School of Arts and Sciences.
The gift is believed to be the largest ever directed exclusively to a U.S. school or college of arts and sciences, the division of a university that focuses on the humanities, social sciences and natural sciences.
The five-year Krieger Challenge was announced in December 1992. Less than two years later, it already has stimulated $30.6 million in matchable gifts and pledges to the School of Arts and Sciences endowment.
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