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September 09, 2015

Big Gifts for NYU Law, Conn. College, and Hunter College

Property magnate and Miami Dolphins owner Stephen M. Ross has donated $20 million to the New York University School of Law, reports The Wall Street Journal. The gift is unrestricted.

Mr. Ross earned a Master of Laws degree from NYU in 1966. Six years later he founded the Related Companies, known for major urban commercial developments such as the Time Warner Center and Hudson Yards in Manhattan. He donated $200 million two years ago to his undergraduate alma mater, the University of Michigan.

Connecticut College also announced a $20-million contribution Tuesday, from telecommunications executive Robert Hale and his wife, Karen, Boston Business Journal writes. Half of the gift will fund scholarships, with the remainder split between the college's career program and sports facilities. Mr. Hale is the president and CEO of Granite Telecommunications in Quincy, Mass., and a Connecticut College alumnus.

New York's Hunter College has received a $9 million gift from the family of Eva Kastan Grove, with a chunk of the money aimed at aiding students who are immigrants and first-generation Americans, The Wall Street Journal also reports. Ms. Grove, the wife of former Intel head Andrew Grove and a Hunter graduate, was born in Vienna and raised in Bolivia and is a longtime advocate for immigrants' rights.