Word: gifting
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Details of the gift, which could potentially be the largest in Harvard’s history, emerged recently after Saltonstall Professor of Population Policy Christopher J.L. Murray, director of the Harvard Initiative for Global Health (HIGH), spoke about the grant during a closed SPH faculty meeting...
Murray has been negotiating with the Ellison Medical Foundation since last summer, according to professors familiar with the gift. The philanthropic foundation was established by billionaire Larry Ellison, CEO of the software giant Oracle, who met with Murray and University President Lawrence H. Summers in March...
...professor who was at the faculty meeting said Murray indicated that the foundation would donate more in the future if it was happy with research funded by this gift...
University officials have been tight-lipped about Ellison’s potential gift and its uses, stating that the donation has not yet been finalized and that premature discussion could jeopardize negotiations...
...professor also said Murray told faculty members that Ellison wanted the entire gift to be spent within three years...