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Boston
Globe September 9, 2004
$50m
gift for Tufts veterinary school
By Marcella Bombardieri, Globe Staff
Tufts University announced
a $50 million gift to its veterinary school yesterday, the largest donation
in the university's history.
The gift comes from
the foundation headed by local real estate mogul Bill Cummings, and Tufts
officials said they believe it is the biggest ever made to a veterinary
school in the United States. The school will be renamed the Cummings School
of Veterinary Medicine at Tufts University.
Cummings, who has
recently donated dozens of his properties north of Boston to the Cummings
Foundation, graduated from Tufts in 1958, and is a trustee emeritus. He
has no particular focus on animal causes or connection to the veterinary
school, he said yesterday, but "wanted to concentrate a gift in one
location where it could really do some good."
Tufts' veterinary
school, based in North Grafton, is one of only two private veterinary
schools in the country, officials say. It is also the most expensive,
with last year's out-of-state tuition almost $32,000. Budget cuts over
the last couple of years significantly reduced the annual subsidies the
school receives from its partnership with the state.
"It's one of
the most highly regarded vet schools in the country," Cummings said.
"But the vast majority are state-operated, so that becomes a significant
barrier for a private university to operate in that environment."
School leaders hope
the donation sets a new tone for philanthropy at Tufts, whose $669 million
endowment puts it well behind a number of the state's top colleges and
universities.
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