UO confirms $50 million donation ahead of President Schill’s speech

University officials confirmed an anonymous donation of $50 million to be spent at the discretion of President Michael Schill on Friday morning.

The university was responding to an article in the Register-Guard that stated a fund called the “Presidential Fund for Excellence” was created with the donation, and that none of the money would be used to fund ongoing operational costs for the University.

UO spokesman Tobin Klinger said Schill will be speaking about the donation during his “State of the University” speech at 11 a.m. today in the EMU Ballroom.

Check back for reports later today of the speech from the Daily Emerald.

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Will Campbell

Will Campbell

I'm the Senior News Editor at the Emerald. I was born and raised in Vancouver, WA.