Centre College announces a record-breaking $250 million gift

Tim Goral's picture

A Texas businessman has donated stock worth $250 million to Centre College, where officials touted the gift Tuesday as the largest ever to a private liberal arts college in the United States.

The gift follows several others from Robert "Bob" Brockman, who attended Centre more than 50 years ago and is the former chairman of Centre's Board of Trustees.

Brockman, through the A. Eugene Brockman Charitable Trust, will give stock from Universal Computer Systems Holding Inc., also known as Reynolds and Reynolds, to establish the Brockman Scholars Program in Leadership and Entrepreneurship.

Each year, 40 Brockman Scholars will receive full scholarships, including tuition, room and board, fees, and stipends to study abroad, Centre President John Roush said.

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