A non-partisan blog promoting dialogue and action on a broad range of economic development stories and studies from across the political, ideological, and community development spectrum.

Wednesday, September 7, 2011

BIG LOCAL NEWS STORY!

CMU gets $265 Million Gift from William S. Dietrich II from the Pittsburgh Post-Gazette
"A philanthropist and former steel executive is giving Carnegie Mellon University $265 million, its biggest gift ever and one of the 10 largest by an individual to private higher education in the United States, the Pittsburgh Post-Gazette has learned. Pitt also may receive very sizable amount from former steel executive. ... The CMU gift -- equal to about a fourth of the university's entire endowment -- is intended to be a catalyst for its global initiatives and for something long a source of CMU pride: What campus officials call the "fusion of left-brain and right-brain thinking" that includes linking arts and technology study."
As noted, this is a big deal!

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