Article
May 16, 2016

Gifts Roundup: $200 Million for USC Cancer Studies; $20 Million for Carleton College Music Center

HGA Architecture

A rendering of the proposed Weitz Center Music Addition at Carleton College.

A roundup of notable gifts compiled by The Chronicle:

University of Southern California

Tech mogul Larry Ellison gave $200 million to establish the Lawrence J. Ellison Institute for Transformative Medicine, a new center that will aim to combine interdisciplinary research with holistic prevention and treatment of cancer.

Mr. Ellison founded software company Oracle and the Lawrence Ellison Foundation, which supports biomedical research, education, global health and development, and wildlife conservation.

The prolific philanthropist has appeared on The Chronicle’s Philanthropy 50 list of the most generous Americans 14 times in the last 16 years.

Curtis Institute of Music

Nina von Maltzahn, a U.S.-born baroness, pledged $55 million for the conservatory’s endowment. The money will be paid out over five years as the school gears up for a big fundraising campaign and its 100th anniversary in 2024.

Ms. von Maltzahn’s term as chairwoman of Curtis’s board will end May 31, but she will continue to serve as a trustee. The school plans to name two programs for her: the Nina von Maltzahn String Quartet Program and the Nina von Maltzahn Global Touring Initiative.

She has previously supported the school’s guitar and string-quartet programs, endowed its harp room and two professorships, and backed a number of student tours overseas.

Ms. von Maltzahn founded the Fundación Retoño (Sapling Foundation), a nonprofit that works to develop better opportunities for at-risk youths in Uruguay.

University of Manitoba

Ernest and Evelyn Rady committed approximately $23.4 million through their family foundation to support the Faculty of Health Sciences, which will be renamed the Rady Faculty of Health Sciences. In addition, the university’s medical school will be named the Max Rady College of Medicine, for Mr. Rady’s father.

Mr. Rady founded American Assets, a financial-services and real-estate firm, in the 1960s and went on to lead insurance and auto-financing businesses. He earned a bachelor’s degree at the university in 1958 and a law degree in 1962. Ms. Rady earned two bachelor’s and a master’s degree there in 1960, 1961, and 1967. Mr. Rady’s father, Dr. Maxwell Rady, earned a medical degree from the university in 1921, and Mr. Rady’s sisters also graduated from the institution.

California Polytechnic State University

William and Linda Frost pledged $20 million to help pay for a new research and technology center.

Mr. Frost founded Chemlogic, a company that makes products for the oil-drilling industry. He earned a biochemistry degree from the university in 1972.

Carleton College

Wally and Barbara Weitz and their family donated $20 million for a new wing to house the music-program and performance space at the Weitz Center for Creativity.

The center was named for the family when they donated $15 million in 2007.

Mr. Weitz founded Weitz Investment Management. He and his wife both graduated from Carleton in 1970

Indiana University Art Museum

Sidney and Lois Eskenazi gave $15 million and a collection of nearly 100 works of art, composed primarily of prints by 20th-century European and American masters. The museum will be renamed the Sidney and Lois Eskenazi Museum of Art.

The collection includes works by Alexander Calder, Marc Chagall, Joan Miró, Pablo Picasso, Pierre-Auguste Renoir, and other notable artists.

Mr. Eskenazi earned bachelor’s and law degrees from the university and founded real-estate company Sandor Development. Ms. Eskenazi earned a bachelor’s degree from the university and worked as a medical and lab technician early in her career.

The couple gave the university $40 million in 2011 for the Sidney & Lois Eskenazi Hospital and Eskenazi Health.

To learn about other big donations, see our database of gifts of $1 million or more, which is updated throughout the week.

Send an email to Maria Di Mento.