Thursday, March 01, 2012

Oxford's £26m donation from Atlantic soul family

The Atlantic Records label - which released music from legends such as Aretha Franklin and Ray Charles - has created another legacy, in a £26m donation to Oxford University.
Mica Ertegun, widow of Atlantic founder Ahmet Ertegun, is giving the money for student scholarships in the humanities. The funding will also pay for the refurbishment of a building which will become a base for these scholars. This will be Oxford's biggest ever donation in the humanities. In this collision of academic minds and American soul, Oxford University is to receive funding in perpetuity for 35 annual scholarships for postgraduate students in humanities subjects
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