Mystery Donors Shower Schools With $45M

By doris | Published: April 18, 2009

Full Story At  CBS News

(AP) A mystery is unfolding in the world of college fundraising: During the past few weeks, at least nine universities have received gifts totaling more than $45 million, and the schools had to promise not to try to find out the giver’s identity.

One school went so far as to check with the IRS and the Department of Homeland Security just to make sure a $1.5 million gift didn’t come from illegal sources.

“In my last 28 years in fundraising … this is the first time I’ve dealt with a gift that the institution didn’t know who the donor is,” said Phillip D. Adams, vice president for university advancement at Norfolk State University, which received $3.5 million.

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