(AP) — The University of Nebraska is getting a $12.6 million gift from an alum’s estate, and most of the donation will benefit the Kearney campus.
Carol Cope, who died in 2012, made the donation in her will. Cope and her husband were longtime supporters of the University of Nebraska at Kearney that she graduated from.
UNK Chancellor Doug Kristensen says the $11.6 million his school will receive for scholarships, athletic facilities and faculty stipends is the biggest gift it has ever received.
The gift will be used to set up several endowed funds at UNK.
Another $1 million from the donation will be used for endowed faculty professorships at the University of Nebraska-Lincoln.
The Copes made their fortune by investing early in Berkshire Hathaway stock and farmland.