Financial firm to give Spelman $10 million
By PÉRALTE C. PAUL
The Atlanta Journal-Constitution
Published on: 10/17/07
Hoping to increase the numbers of black women entering the financial services industry, Lehman Bros. Holdings Inc. today will announce a $10 million gift — the largest in the firm's 157-year history — to Spelman College.
The donation to the historically black, all-female Atlanta college — which also is the single-largest corporate donation Spelman has received — will create the Lehman Bros. Center for Global Finance and Economic Development at the school.
In addition to the development of an interdisciplinary program that will ultimately become a major, Lehman's gift will be used to hire new faculty, establish scholarships and create a Chinese-language instruction program, said Beverly Daniel Tatum, Spelman's president.
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Financial firm to give Spelman $10 million | ajc.com
