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Mystery donors give $45 million to colleges

by Pat Coate | April 24, 2009
"This is the first time in my 25-year career that something of this magnitude has happened."
- Lynette Marshall, University of Iowa official

A mystery is unfolding in the world of college fundraising: During the past few weeks, at least eight universities have received gifts totaling nearly $45 million, and the schools had to promise not to try to find out the giver's identity.

The $6 million donated to the University of Southern Mississippi was the largest single gift ever bestowed to the school.

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