International studies program expanded thanks to $26 million gift
September 13, 2013
When academic institution leaders want to expand their programs, they have to set aside a significant amount of money. This might not be apparent to students, but administrators must budget for supplies, instructors, curriculum development, the expansion of facilities and a slew of other expenses. As such, even if an organization or school wants to do this, it's not always possible.
That's not the case in Washington, D.C., however. The family of the late Kathryn and Shelby Davis recently donated a $26 million gift to the Davis Institute for International Studies at The Heritage Foundation. The couple had a long history of working with the group - Shelby was on the Board of Trustees and Kathryn was an honorary trustee for some time.
"We are grateful beyond words for the Davis family's commitment to fostering the continuing research and development of policy proposals best calculated to spread the march of freedom, opportunity and prosperity around the globe," Heritage Foundation President Jim DeMint stated.
The Heritage Foundation was established in order to promote the creation of public policies based on free enterprise, limited government, freedom, values and national defense.
Organizations that are providing funds for multiple nonprofit programs might find it easier to manage their large-scale efforts with fundraising management programs that can account for funds as they are disbursed to recipients.