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Holton Gift Cited in Los Angeles Times

Holton Gift Cited in Los Angeles Times

October 28, 2006

east college holton.jpg

October 28, 2006, Greencastle, Ind. - DePauw University is mentioned in a story published in today's Los Angeles Times. "Officials at Westmont College in Montecito announced Friday that the school had received a $75-million gift -- one of the largest donations ever made to a liberal arts college in the U.S.," writes Steve Chawkins. "According to the Chronicle of Higher Education, which tracks major donations to campuses, the gift appears to be the second largest to a liberal arts college that offers no graduate degrees. It was exceeded in 1997 by a $128-million donation to DePauw University in Indiana, according to the journal."

Access the complete story at the Times' Web site.

The record gift noted in the article was provided by Philip Forbes Holton '29 and Ruth Clark Los Angeles Times.gifHolton '29, who left the University a gift exceeding $128 million for scholarship endowment. In 2002, the University dedicated its academic quad as the Holton Memorial Quadrangle.

A March 2001 Wall Street Journal article was among many news accounts that have cited the Holton gift.

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