14 Quirky College Donations (and the Strings Attached)

Ethan Trex:

For most of us, college donations entail little more than occasionally dropping a small check in the mail after receiving repeated pleas for cash from our alma maters. Some people, though, tend to be a bit more individualistic with their generosity. Let’s take a look at some of the quirkier donations schools have received:
1. Bequest Puts Jocks on the Ropes
swarthmoreIn 1907, fledgling Swarthmore College received a bequest that was estimated to be worth somewhere between $1 and $3 million. If the school wanted the cash, though, it would have to stop participating in intercollegiate sports. Swarthmore badly needed the cash–its entire endowment was only in the $1 million range–but in the end, the school turned down the gift and the sports survived.