Word: spelman
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They have no qualms about spending the inheritance. Sabena Knust, owner of a Munich art gallery, says lots of money is being poured into modern art: an original painting by a contemporary artist goes for $50,000, a print for $4,000. Regina Spelman, an editor at the German-language Harper's Bazaar, sees vast amounts being spent on apparel: "Germans use clothes to define their place in society and are willing to spend a lot to make a statement." Hamburg Designer Peter Schmidt notes that "people are willing to pay to surround themselves with well-designed things." Kurt Gustmann...
...John Borrell about his family's flight to Lithuania three weeks after the invasion, while Otto von Habsburg, son of Austria-Hungary's last Emperor, detailed for Gertraud Lessing the incongruously lavish meal he ate at the Ritz in Paris the night the government fled the city. Franz Spelman, who visited filmmaker Leni Riefenstahl, Hitler's famous propagandist, at her villa near Munich, discovered a well-coiffed blond who had just returned from scuba diving in the Caribbean and looked 20 years . younger than her age (87). Leonora Dodsworth tracked down Edda Ciano, Mussolini's eldest daughter, at her elegant...
Consequently, black schools have had to address one of their oldest financial weaknesses: small and infrequent alumni donations. In November, when Bill and Camille Cosby made a $20 million gift to Spelman College, the event received widespread publicity; yet modest donations have been the norm. That shows signs of changing, however. During the past fiscal year, alumni support at Alabama's Tuskegee Institute topped $1 million for the first time, aided by three gifts of $125,000 or more...
...result of this outpouring of pride, black colleges have seen their endowments rising. The United Negro College Fund reported a record $44.1 million in contributions for its past fiscal year. Bill Cosby's announcement in November that he would donate $20 million to Spelman College, the Atlanta institution from which his daughter graduated, was another dollar sign of support from black parents...
...would require in return is for a few Harvard scholars to deign to venture into such schools as Morehouse or Spelman for a year at a time. Presto, Harvard would have a minority presence on its faculty...