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Strings Attached: How Harvard’s Wealthiest Alumni Are Reshaping University Giving
John D. Rockefeller has made an unrestricted gift of $1,000,000 to M.I.T.'s current development drive, Tech officials announced Saturday.
In a letter to M.I.T. president James R. Killian, Jr., Rockefeller said he was donating the money "without any restrictions ... to aid in buttressing M.I.T.'s financial independence."
Last June, Rockefeller donated $5,000,000 to the Business School with the stipulation that the University raise a sum equal to his by July 1, this year.
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