U. of Illinois Gets $100 Million Gift
Posted on June 4th, 2007
(Source: University of Illinois)
Another week, another $100 million gift in Illinois. As I reported last week, the University of Chicago received a nine-figure gift for scholarships. This time it's the University of Illinois, which will use the money to support bioengineering, stem-cell research and alternative energy, according to the Chronicle of Higher Education.
The donor, Thomas Siebel, is an Illinois alumnus and computer-systems entrepreneur. In 1999, he gave the university $32 million.
This new gift kicks off a $2.25 billion campaign for Illinois. Pretty good start to the public phase, I'd say.
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