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Couple donate $150 million to University of Illinois in its largest gift ever

from Chicago Tribune

The University of Illinois has received its largest-ever donation — a $150 million gift — from the head of a Chicago private equity firm, school officials announced. The donation comes as the University of Illinois system embarks on an ambitious, five-year multibillion-dollar fundraising drive across its three campuses in the wake of the state's recent budget impasse that has drastically reduced the system’s state funding. more

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