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William & Mary gets $22M donation

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Marshall-Wythe School of Law at the College of William & Mary announced a $22 million donation from an anonymous alumni. It was part of a $50 million commitment to the entire university, the largest in the institution’s history. 

The donation will provide a $20 million endowment for scholarships at the law school. The first scholarships will be awarded in the spring of 2016 to students entering next fall. The law school will pay out 5 percent of the endowment’s value each year.

As part of the commitment, the donors have issued a matching challenge to double the size of scholarship support awarded by the law school annually.

The donors have designated an additional $2 million to establish an annual teaching award that will be given for the first time during the 2016 Commencement ceremony. The remaining $2 million of the commitment will endow an annual leadership conference that will bring distinguished individuals to campus each year.

William & Mary Law School Dean Davison M. Douglas noted that the Law School is more than two-thirds of the way towards its $75-million campaign goal, and that this new gift will allow the school to continue its tremendous momentum.

“This transformative gift, the largest in the Law School’s 236-year history, is a powerful catalyst to our mission of educating highly skilled and ethical lawyers who are equipped to make a difference for the greater good,” said Douglas. “This gift will allow us to provide substantial scholarship aid to truly outstanding students, to reward our most outstanding teachers, and to further our goal of preparing our students for leadership.”

The anonymous couple who donated the money are both college alumni.

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