WMU Receives Record-Breaking Anonymous $550M Donation

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(CBS DETROIT) - Western Michigan University now holds the record for the largest donation given to a public university.

They are $550 million more wealthy thanks to an anonymous donor.

According to the Washington Post, the donation was given by a Western Michigan alumnus.

The $550 million will be given to the university's foundation over the next 10 years.

The donation will be split into three categories.

$300 million will go to WMU's school of medicine.

Another $200 million will be for need-based financial aid.

And $50 million will go to the school's athletic programs.