U. of the Pacific's $125 Million Gift to Support Academics, Students and Arts
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The University of the Pacific announced Thursday that it has received $125 million from the estate of a couple that agreed in 2007 to leave its assets to the California institution. The money left to Pacific by Robert and Jeannette Powell, a developer and interior designer, respectively, will create a fund that will support endowed professorships and chairs, an honors program, and the university's art collection, among other things.