WOW! Couple gives UW-Madison largest individual gift, $100 million
MADISON (AP) — Two University of Wisconsin-Madison graduates have given the school $100 million, the largest gift from individual donors in the school's history.
The university announced John and Tashia Morgridge's donation on the Camp Randall scoreboard after the first quarter of the Wisconsin-Nebraska game on Saturday. UW officials say the money will go to match donations for endowing professorships, chairs and distinguished chairs in an effort to help recruit faculty.
The Morgridges graduated from the school in 1995. John Morgridge has served as CEO and chairman of the board of Cisco Systems, Inc.
The couple has joined Warren Buffett and Bill and Melinda Gates in signing "The Giving Pledge," an effort by philanthropists to encourage their peers to give away at least half of their wealth.