Dive Brief:
- Hedge fund billionaire David A. Tepper has given Carnegie Mellon University $67 million.
- The donation brings his total gifts to the school to more than $125 million in the last decade.
- The money will help finance a 300,000-square-foot building housing the Tepper School of Business, as well as providing larger classrooms, a fitness center and a cafe.
Dive Insight:
This has been a big year for big gifts, as the articles notes: "Mayor Michael R. Bloomberg of New York announced a $350 million pledge to Johns Hopkins. The mutual fund billionaire Charles B. Johnson donated $250 million to Yale. The real estate developer Stephen M. Ross unveiled a $200 million gift to the University of Michigan. And Frank H. McCourt Jr., a real estate developer, has given $100 million to Georgetown."