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Article: $50M Gift to Christ Church, Oxford.
- Article from:
- Business Wire
- Article date:
- June 18, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Landmark donation will bring major benefits to Christ Church and a PS100m endorsement of Oxford University's long-term investment strategy
OXFORD, England -- Michael Moritz and Harriet Heyman have donated $50m (over PS25m) to Christ Church, Oxford. Under the terms of the gift, Christ Church will transfer an additional PS75m of its existing endowment into the Oxford University Asset Management fund, which was established recently to improve the management of the University's long-term funds. Christ Church's total stake in the University's investment pool will rise to over PS100m.
The donation to Christ Church is the largest financial gift in the ...