Scripps College today announced a $5.5 million gift from former board chairman Sidney J. Weinberg Jr.'s foundation.
In 2010, the Weinberg Foundation pledged $3 million to Scripps, as well as $2 million for for Claremont McKenna College, to establish The Weinberg Family Dean of Science Endowment Fund for the W.M. Keck Science Department. The additional $5.5 million was donated in anticipation of a fundraising initiative.
"Scripps College's future is bolder because of the foresight and generosity of our valuable trustees," Scripps president Bettison-Varga said.
Betsy Weinberg Smith, Weinberg's daughter, also a Scripps alumna and trustee who works for the New York City Department of Parks and Recreation, was credited with securing the gift. Sidney J. "Jim" Weinberg, who died in 2010, was a former Goldman Sachs partner.
"This key gift from the Weinberg Foundation to Scripps College will make an impact on the lives of young women for generations to come," she said.
Scripps, founded in 1926, is a private women's liberal arts college and part of the Claremont Colleges, a collection of five undergraduate and two graduate schools in Claremont.