NY Colleges Report Record Donations

Candidates are stacking up promises, but deficit reduction doesn't get as much attention.
Candidates are stacking up promises, but deficit reduction doesn't get as much attention.
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Updated: 3/03 12:17 am
New York, N.Y. (AP) - Newsday reports Saturday (http://bit.ly/Vo0obk ) that five Long Island schools received donations equal to or bigger than their largest gifts ever.

Stony Brook University topped the list after receiving a $150 million gift from the foundation of retired hedge fund manager Jim Simons and his alumna wife Marilyn.

Hofstra University was given the largest gift in the school's history after pharmaceutical executive Maurice Deane gave $20 million.

Financial executive Robert Willumstad gave his alma mater Adelphi University $9.5 million. That donation matched the largest in the school's history.
Farmingdale State College and Molloy College both received $1 million donations.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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