Schools
Wheaton Gets $10M Donation
The private university got one of the largest donations in its 183-year history.
NORTON, MA — Wheaton College is getting one of the largest donations in its 183-year history.
The school said Thursday it received a $10 million commitment from the Diana Davis Spencer Foundation to create a professorship on social entrepreneurship.
The Maryland-based foundation supports education, national security groups and a variety of conservative causes. Its president, Diana Davis Spencer, is a 1960 graduate of Wheaton.
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College President Dennis Hanno says it's a "transformational gift" that will help students tackle major social challenges.
Wheaton says it will become one of the few U.S. schools with an endowed professorship on social entrepreneurship.
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Its previous largest gift was $10 million donated during a fundraising campaign that ended in 2000.
The private college of 1,600 students in Norton is not related to Wheaton College in Illinois.