Colleen Flaherty, Inside Higher Ed
Lots of people give big gifts to colleges and universities. Most of these donors have very specific ideas about how the money will be spent. So do Tom and Cathy Tinsley—sort of.
Instead of funding a specific program or endowing a particular faculty chair, the couple is giving $100,000—no strings attached—to all six professors who earned tenure at Colby College in 2021. Could their idea be the new donation paradigm?