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Kirk Douglas donating $5M to his alma mater

Kirk Douglas attends Starz Celebrates Kirk Douglas and "Spartacus" on May 31, 2012, in North Hollywood, Calif. Getty

(CBS/AP) Actor Kirk Douglas and his wife have announced that they will donate $5 million to St. Lawrence University in northern New York, where he graduated from 73 years ago.

Kirk and Anne Douglas and St. Lawrence University in Canton announced Sunday that the funds will go to the scholarship fund he began in 1999.

Pictures: Kirk Douglas

The 95-year-old actor has contributed nearly $7.5 million to the scholarship at the private college near the Canadian border. The awards go to minority students who demonstrate excellence in academics and leadership and show a financial need.

Douglas has appeared in about 90 movies, including "Spartacus" and "Lust for Life."

He's a native of Amsterdam in the Mohawk Valley. He graduated from St. Lawrence in 1939 as an English major.

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