Sunday, June 22, 2008

50 Million Gift to Christ Church





Michael Moritz and Harriet Heyman have donated $50m (over £25m) to Christ Church, Oxford. Under the terms of the gift, Christ Church will transfer an additional £75m of its existing endowment into the Oxford University Asset Management fund, which was established recently to improve the management of the University’s long-term funds. Christ Church’s total stake in the University’s investment pool will rise to over £100m.

www.ox.ac.uk