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My Little Hundred Million

2016/7/21
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Revisionist History

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Hank Rowan donated $100 million to Glassboro State College in 1992, setting a new standard for philanthropic donations. This act of generosity made headlines and inspired other large donations, though typically to more prestigious institutions.

Shownotes Transcript

In the early ’90s, Hank Rowan gave $100 million to a tiny public university in Glassboro, New Jersey: not Harvard, not Yale, not even to his alma mater, MIT. What was Rowan thinking? And why has it proven so difficult for other philanthropists to follow his lead?

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