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As a thank-you present for running the bank into the ground, the board gave Mr. Prince a parting gift valued at $12.5 million.
The initial acquisitions were pledged as a gift, valued at more than $1 million, from the Asia Society trustees Harold and Ruth Newman.
The gift, valued at $10 million to $15 million, will be housed at the university's art museum, said Kathleen Maclay, a Berkeley spokeswoman.
Mr. Buffett on Monday distributed 17.5 million Class B shares of Berkshire Hathaway to the Bill and Melinda Gates Foundation, a gift valued at about $2 billion based on Friday's closing price.
When, in 1997, he donated a Stradivarius string quartet decorated with elaborate carvings to the Smithsonian, it was announced that the gift, valued at $50 million, was the largest ever received by the museum.
Over the next year, Dr. Bortman said, the Nature Conservancy, working with other nonprofit groups, governmental agencies and academic institutions, will put together a plan designating uses for the gift, valued at $2 million.
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Official rules dictate that ministers must declare all gifts valued at more than £140.
Most of the gifts, valued at about $10,000, are going to the Department of Social Services to help other families.
Under disclosure requirements of the Alaska Public Offices Commission, Ms. Palin would need to report any gifts valued at over $250 from a single giver.
All told, he and his family accepted gifts valued at more than $850,000 — in a country where the average worker earns less than $2,000 a year.
Ethics experts say that arrangement might violate the Congressional prohibition on members' accepting gifts valued at more than $50 per month.
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