A Bajillion Dollar Donation?
The largest donation to ever be given to Rhodes Scholarship Program-- guess how much?
A Canadian philanthropist donated a whopping $120 million to Rhodes Scholarship Program, being the single-handedly largest donation since the program was founded more than 100 years ago.
The Rhodes Trust says that this immense donation will serve as the funds for 83 current scholarships at the University of Oxford.
Since 1903, the Rhodes Scholarship has been the world's oldest, international graduate scholarship program. With 8,000 beneficiaries worldwide including six Commonwealth prime ministers and former U.S. President Bill Clinton, it continues to expand with the help of donations such as this one.
While primarily serving English-speaking countries, the goal is to expand far beyond that in the future.
Are you stunned by the amount of this incredible donation?