Jim Clark & David Filo donate $30 mil. EACH to Tulane

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Discus: College Search and Selection: August 2004 Archive: Jim Clark & David Filo donate $30 mil. EACH to Tulane
By Chapter322 (Chapter322) on Thursday, July 29, 2004 - 11:21 am: Edit

This is the email I received from Scott Cowen, president of Tulane University this morning:

I have some very exciting and historic news to share with you. Netscape co-founder Jim Clark and Yahoo! co-founder David Filo have donated $30 million each to Tulane University. Each gift represents the largest single donation in university history and will have a profound impact on Tulane for years to come.

The gifts will be dedicated to Tulane's endowment, income from which will enable the university to support undergraduate students of extraordinary academic merit. The gifts also set the stage for the spring 2005 launch of the university's capital campaign to increase Tulane's endowment to over $1 billion by 2008, support the university's facility expansion program and underwrite Tulane's key strategic initiatives.

Jim Clark and David Filo are known worldwide for their acumen in recognizing potential for success. Their gifts indicate that, like us, they view Tulane as an outstanding university on the cusp of becoming one of the nation's premier institutions. We are most grateful for both their generosity and confidence.

Some of you may not be aware of Jim and David's connections to Tulane. Though he earned his degrees elsewhere, Jim attended Tulane as an undergraduate and is also a member of the Board of Tulane. David, a native of Louisiana, earned a bachelor of science degree in computer engineering from Tulane and is a member of the Board of Advisors for the school of engineering.

Jim and David's gifts are the latest in a string of successes that Tulane has enjoyed since we began implementing the ten-year university-wide strategic plan developed in 1998.

Tulane is definitely on the move and we anticipate even more progress in the years ahead. These gifts indicate how far we have come and how far we will go.

Have a $60 Million Day,

President Cowen

By Collegebound05 (Collegebound05) on Friday, July 30, 2004 - 12:54 pm: Edit

i hate Tulane

By Alongfortheride (Alongfortheride) on Friday, July 30, 2004 - 12:59 pm: Edit

That's nice.

By Argilospsychi (Argilospsychi) on Monday, August 02, 2004 - 12:38 am: Edit

hey college, dare i ask why?

By Argilospsychi (Argilospsychi) on Monday, August 02, 2004 - 12:39 am: Edit

What is the ten year strategic plan?

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