Small rural LAC to be in ausipicious financial comfort

[Hibush]

"An anonymous donor has pledged $500 million to bolster the endowment of McPherson College, a small liberal-arts college in McPherson, Kan"
https://www.philanthropy.com/article/anonymous-donor-pledges-500-million-matching-gift-to-small-kansas-college

This is a school with 800 students. The potential hitch is that this is a matching grant, so coming up with nearly a million per student from other sources could be hard. In any case, they will start construction on new student services buildings.

[Parasaurolophus]

Before the paywall, it says that

...to support a long-term plan to expand and modernize the campus and a number of its programs.

Among its plans, the college will create a rural and community health center, start a national center for student debt reduction, and construct a number of new buildings.

Contributing to the endowment is all well and good, but that's a lot of construction projects. Paired with the matching requirement, is this more of a white elephant than anything?

[Mobius]

Also pronounced as Mick-Fur-Son

[Wahoo Redux]

"An anonymous donor has pledged $500 million to bolster the endowment of McPherson College, a small liberal-arts college in McPherson, Kan"
https://www.philanthropy.com/article/anonymous-donor-pledges-500-million-matching-gift-to-small-kansas-college

This is a school with 800 students. The potential hitch is that this is a matching grant, so coming up with nearly a million per student from other sources could be hard. In any case, they will start construction on new student services buildings.

Yaaaaaaaaaayyyy!!!!!  Come on, America!  You have the power and wealth to save American higher ed!!!!