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Some 1,000 regular givers have been signed up and close to 5,000 single gifts have been made.
The program, whose endowment represents one of the largest single gifts to education in the world and one of the largest philanthropic gifts ever in China, was announced by Mr. Schwarzman in Beijing on Sunday.
Schwarzman is giving a hundred million of a personal fortune estimated at $6.5 billion, and raising another two hundred million largely from blue-chip companies with big investments in China, to create an endowment that the Times calls "one of the largest single gifts to education in the world and one of the largest philanthropic gifts ever in China".
Backed by a group of mostly Western blue-chip companies with interests in China, the Schwarzman Scholars program, whose endowment is one of the largest single gifts to education in the world, will pay for 200 students every year from around the globe to attend a one-year master's program at Tsinghua University in Beijing.
The grant, one of the largest single gifts for acquisitions in the museum's history, will be made in two stages: $10 million for immediate use and $10 million to establish an endowment, the income from which will be used for acquisitions.
While this is a trivial amount to Thiel, personally, and would be unremarkable in a normal Presidential campaign, it is among the largest single gifts in support of Trump (most of the money was given to a super PAC that backs Trump) and generated enormous anger among Thiel's peers.
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The largest single gift to Yale was made in 1966.
It was the largest single gift to Princeton on record.
The largest single gift has been $15 million from the Donald W. Reynolds Foundation in Las Vegas.
This is believed to be the largest ever single gift to a business school.
At that time, it was the largest single gift every received by Harvard University.
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