Our Universities: Giving

Fourth in the series Follow the Money

Giving is always the result of leadership, from giver and recipient. Private giving’s absence results from a lack of university leadership. State funding is critical, but private giving separates the good from the excellent while providing opportunity.

I was fortunate to get a scholarship when I went to Lehigh University and Princeton. They were both wonderful schools. Somebody was kind enough to spend their money to educate people that they would never get to know. That’s what I think philanthropy is about.

Lee Iacocca