December 07, 2015

Gifts Roundup: Dolby Laboratories Founder Gives $52.6 Million to the University of Cambridge

A roundup of notable gifts compiled by The Chronicle:

University of Cambridge

Audio pioneer Ray Dolby left $52.6 million to support the university’s 668-year-old Pembroke College.

Mr. Dolby founded Dolby Laboratories and invented the Dolby System, an analog audio encoding system that improved the quality of recorded sound. He died in 2013.

California Polytechnic State University

William and Cheryl Swanson donated nearly $10.2 million to the university’s men’s and women’s golf programs. The money will support scholarships and establish an operating endowment.

Mr. Swanson, a retired chairman and chief executive of the Raytheon Company, played on Cal Poly’s golf team while pursuing his engineering degree there.

Washington State University

The late San Francisco Bay Area developer Roscoe (Rock) Logan, and his wife, Jane, left $16.5 million to the university to endow scholarships. The scholarships will be awarded to undergraduate and graduate students who plan to pursue careers in teaching.

Mr. Logan graduated from the university in 1933 with a degree in engineering and architecture. He died in 1999 and Ms. Logan died in 2013.

University of Kansas

Roger and Julie Davis pledged $7.2 million to the university’s business school to create the Center for Figure Sense. The goal of the new center, which will open in the spring of 2016, is to teach students how to use complex data to make better business decisions.

Mr. Davis owns Paxton/Patterson, a company that provides career and technical education learning systems, tools, equipment, and supplies. He earned a bachelor’s degree from the university in 1972. Ms. Davis co-founded Davis & Hosfield Consulting.

Bartlesville Community Foundation

Donald and Ruth Smith left more than $2 million to the foundation to establish a fund that will support the foundation’s operating expenses and beef up its local grant making,

Mr. Smith, who died in 2001, worked for the Naval Research Laboratory and later became director of research at Phillips Petroleum. Ms. Smith was the first woman to work in the F.B.I.’s chemical lab. She died in 2013.

University of Maryland

Bruce Richards, chief executive of the hedge fund, Marathon Asset Management, and his wife, Avis, a documentary filmmaker, pledged $1 million to endow scholarships for student veterans.

Specifically, the money will help student veterans meet their financial needs in ways the current GI Bill does not.

Ms. Richards graduated from the university in 1980 and serves on the College Park Foundation Board of Trustees. Mr. Richards serves on the University System of Maryland Foundation.

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