$100 Million Here, $100 Million There...

U of I gets second huge gift in as many days to Illinois universities
By News Dude,  Newser Staff
Posted Jun 2, 2007 6:38 AM CDT
$100 Million Here, $100 Million There...
The University of Illinois' Allerton Park and Retreat Center   (University of Illinois)

And, as Illinois' late Senator Everett Dirksen once said, you are talking about real money. Tom Siebel, University of Illinois graduate and founder of Siebel Systems, a customer management relationship software firm, pledged $100 million in his will to the U of I.

The gift is in addition to $40 million Siebel previously pledged and is part of the university’s $2.25 billion fundraising campaign. It comes a day after the University of Chicago announced an anonymous $100 million donation to eliminate the need for lower income students to take out loans for tuition. (More University of Illinois stories.)

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