Wofford Receives $150 Million Gift

February 25, 2021

Jerome J. Richardson, founding owner of the NFL's Carolina Panthers, has given $150 million to Wofford College, his alma mater. The gift is the largest in the college’s history. Richardson's total in giving to the college, including the new gift, is $262.6 million.

The $150 million endowment gift will focus on four areas:

  • Need-based financial aid for hundreds of students each year.
  • Off-campus U.S. and global study opportunities, student and faculty research, internships and entrepreneurial learning opportunities.
  • An initiative to transition all of the college’s support staff to a minimum wage of $15 per hour.
  • A fund for the maintenance, repair and improvement of campus buildings.

Be the first to know.
Get our free daily newsletter.


We have retired comments and introduced Letters to the Editor. Letters may be sent to [email protected].

Read the Letters to the Editor  »


Opinions on Inside Higher Ed

Inside Higher Ed’s Blog U

Back to Top