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USC receives $25M from African-American

The announcement was made on Friday
April 19, 2008 12:00:00 AM PDT
USC is the recipient of the largest gift from an African-American made to a U.S. University.On Friday, the school announced that Verna B. Dauterive would be making a $25 million donation in the name of her late husband Peter Dauterive.

He was a USC business graduate who would later go on to establish a Los Angeles savings and loan association that provided inner-city mortgages to customers.

Verna Dauterive says that the gift is a way to thank the school for its "dedication to diversity and global outreach."

This is not the first time that the Dauterives have been generous with their resources. In 1985, the couple endowed the school's first scholarship for minority doctoral students.

 

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