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USC Gets Record $25 Million Donation

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Apr 19, 2008 11:25 am US/Pacific

USC Gets Record $25 Million Donation

Donation Considered Largest Gift Ever Made By African-American To U.S. University

LOS ANGELES (AP) ― USC has received a pledge of $25 million from the widow of a prominent Los Angeles businessman.

USC president says it's the largest gift ever made by an African-American to an American university.

Verna Dauterive, a retired Los Angeles schoolteacher and principal, pledged the money in the name of her late husband, Peter.

He was a USC business graduate who became president of a savings and loan that sold mortgages in inner-city Los Angeles.

Verna Dauterive, a USC alumnus, says the donation is a way of thanking the school for its dedication to diversity and global outreach.

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