The winners of Arts Council England/DCMS Catalyst awards to help arts organisations establish endowments are expected to be announced soon.
"We already had a significant endowment, and that plan was designed to help New Jersey colleges establish endowments," said Robert Durkee, Princeton's vice president for communications.
Small and midsized arts organizations tend to struggle the most, and in the past, Duke made grants to help those groups establish endowments.
Mrs. Milburn also established an endowment for which $2 million of a projected $3.5 million has been raised.
After retirement, Mr. Morton established an endowment at George Washington University to pay for the Media and Public Affairs Building, which opened in 2001; the CNN program "Crossfire" now originates in its Jack Morton Auditorium.
He was especially dedicated to his colleagues, and he and his wife generously established an endowment to provide scholarships to further the education of Library staff members.
When the tobacco tycoon James B. Duke established the endowment, he stipulated that 3percentt of its investment income be divided evenly among them.
In 1997 Mr. Walsh and his family donated more than $10 million toward the construction of the $54 million library and established an endowment for its upkeep.
The New York Times announced yesterday that it had established an endowment fund to support and supplement a college scholarship program it created last spring.
Mr. Meeks, a 1901 graduate and Dean of the School of Fine Arts for 27 years, established an endowment with which the gallery was able to buy works on paper that are more than 50 years old, as the bequest stipulated.
The Genesis Philanthropy Group has established an endowment of $100 million (oil pays well) to launch the Genesis Prize Foundation, as well as fund the prize and related endeavors that promote young adult engagement.
