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Students take classes in philanthropy.

FIRST HIGHER ED SAW INVESTMENT courses that allow students to work with real money. Now there are philanthropy courses and seminars that do the same thing, while also helping charities.

Colgate University (N.Y.) has just instituted a new noncredit program that teaches students about charitable giving, says Ellen Percy Kraly, director of the Upstate Institute and a professor. The Brennan Foundation has given the institute at Colgate $50,000 to be used over five years. A group of sophomores there is studying proposals from charities local to upstate New York to best determine how to spend this year's allocation of $10,000.

Groups of students are doing the same thing for credit at Davidson College (N.C.), the University of Mary Washington (Va.), the University of Virginia, and Cornell. Each of these institutions receives grant money from The Sunshine Lady Foundation (, a nonprofit run by Warren Buffett's sister Doris and managed, in part, by Alex Buffett Rozek, the investor's nephew.

Professor Ken Menkhaus at Davidson led the charge, getting the foundation involved several years ago, says Rozek. "He has done a lot of work on the 'new philanthropy,'" says Rozek, who observes that many "older philanthropy strategies relied only on boosterism."
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Title Annotation:COURSE CATALOG
Author:Angelo, Jean Marie
Publication:University Business
Date:Feb 1, 2007
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