BALTIMORE (AP/WJZ) -- An investor will donate $75 million to Johns Hopkins University's philosophy department in a record-setting gift to the university's humanities programs.
Our media partners at The Baltimore Sun reports the university said in a statement Tuesday that William H. "Bill" Miller III's donation is thought to be the largest ever made to a university philosophy program.
Miller's donation will be used to increase the department's full-time faculty and create nine endowed professorships. $10 million will be allocated for graduate students and post-doctoral fellows, and the university anticipates offering new undergraduate courses.
The 67-year-old Miller enrolled in a doctoral philosophy program at the Baltimore university, before leaving to pursue a career in investment management. He credits his business success to philosophy studies.
University President Ronald J. Daniels says the donation illustrates that philosophy still matters.
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