Indiana University officials have revealed the name of the donor of an anonymous $70 million gift given two years ago.
The gift came from Gene Cox, who also donated $15 million on the same day in December 2005.
When the donations were announced, university officials described the $70 million gift as the largest individual donation in the school’s history.
The entire $85 million is earmarked for scholarships.
IU President Michael McRobbie said school enrolled about 1,000 new Indiana students this fall from families with incomes below $50,000.
The 90-year-old Cox is an IU alumnis. He owned Aero Blind & Drapery Inc.
Information from: The Indianapolis Star, http://www.indystar.com
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