The College says that the donation will have a “transformative effect”, since it has one of the smallest endowments in the University. In 2018, the College’s endowments came to £17.7 million. The donation will go towards the construction of a new graduate centre, and fund graduate access scholarships. A significant part of the donation will go towards the College’s general endowment fund to support the daily running of the College.
The professorship, originally titled The White’s Chair of Moral Philosophy, is now known as The Sekyra and White’s Professorship of Moral Philosophy. The donors, the Sekyra Foundation, revealed in a statement that they made the gift to “uncover deeper levels of reality” by utilising philosophy.
Object to the Sacklers all you like - their donations are essential to preserving our cultural heritage, and offer them little in return
A recent study has shown British universities are nearly as dependent on alumni donations as their American counterparts