Started By
Message
Largest single gift ever made by a donor to a university in Alabama.
Posted on 5/16/22 at 6:20 pm
Posted on 5/16/22 at 6:20 pm
WOW!
quote:Former Lexmark CEO Marvin Mann leaves Samford $100 million.
Samford University today announced it will receive a gift of $100 million, the largest single gift ever made by a donor to a university in Alabama.
The gift is funded by the estate of Marvin Mann, a 1954 graduate of what was then known as Howard College, now Samford University. The college moved from East Lake to Homewood in 1957.
Mann began working for IBM in 1958, became CEO of its product division, and in 1991 became CEO of Lexmark, an IBM spinoff company...
Mann, 88, died March 19. According to Mann’s wishes, $95 million will go toward endowed student scholarships and $5 million will go to support the Frances Marlin Mann Center for Ethics and Leadership, which was established by Mann in 2008 in honor of his late wife, Frances
12
Posted on 5/16/22 at 6:21 pm to 1970 SS LS6
Awesome.
Posted on 5/16/22 at 6:38 pm to 1970 SS LS6
Wow that’s a lot to process
Posted on 5/16/22 at 6:49 pm to 1970 SS LS6
Glancing at it I thought it said university Of Alabama. I would absolutely have worded that differently. Why not just put Sanford university in Alabama or something?
Click bait title.
Click bait title.
Posted on 5/16/22 at 7:42 pm to turnpiketiger
quote:
Glancing at it I thought it said university Of Alabama. I would absolutely have worded that differently. Why not just put Sanford university in Alabama or something?
Click bait title.
First quoted sentence in the thread.
quote:
Samford University today announced it will receive a gift of $100 million, the largest single gift ever made by a donor to a university in Alabama.
Posted on 5/16/22 at 8:50 pm to 1970 SS LS6
Time for Old School at Sanford......free ride here I come,,,,,
Posted on 5/16/22 at 8:52 pm to 1970 SS LS6
I see your username is right up my alley. We need to talk cars sometime. I'm in the middle of a LS3 swap
Posted on 5/16/22 at 9:00 pm to 1970 SS LS6
Samford, like many private colleges, is unaffordable unless you're really rich or really poor. My kid got what sounded like a big scholarship amount...but then you do the EFC math and you'd still be looking at $100,000 minimum out of pocket or in loans. They need to fix that. Nice school, but not worth $45-50,000 a year.
Posted on 5/16/22 at 9:31 pm to Chad4Bama
quote:
They need to fix that.
The money will endow new scholarships worth $4 million per year.
Posted on 5/17/22 at 3:02 am to 1970 SS LS6
quote:
The college moved from East Lake to Homewood in 1957.
They dodged a bullet. Multiple bullets, actually.
Posted on 5/17/22 at 4:51 am to 1970 SS LS6
quote:
CEO of Lexmark
I worked there while he was CEO.
Posted on 5/17/22 at 5:37 am to Chad4Bama
quote:
Nice school, but not worth $45-50,000 a year.
Holy shite. I had no idea Samford was that expensive.
That’s absurd.
Posted on 5/17/22 at 8:20 am to StringedInstruments
Is their education on par with Vanderbilts or something?
Posted on 5/17/22 at 8:32 am to Chad4Bama
Samford to the SEC
Posted on 5/17/22 at 8:48 am to Blackgloves
quote:
I see your username is right up my alley. We need to talk cars sometime
I've owned 67 Chevelle SS, 70 SS, 71 SS, all big blocks. 69 and 70 Mach 1 Mustang with shaker induction. 67 Dodge RT. Various other 60's and early 70's muscle cars. I sold them all and bought a late model Shelby Mustang. I always loved the old cars and they have a lot of character, but performance wise, they can't touch the late model Shelby Mustangs. For that matter some of the Camaros are bad arse too, and Challenger has the Hellcat, which isn't cheap, but neither are the old cars right now. That will change if we hit a hard recession. Woe be unto those who buy in this current market.
Oh yeah, and the Shelby has AC, and it actually works!
Posted on 5/17/22 at 8:49 am to Chad4Bama
Most of those schools hand out scholarships like candy. Most do not have high tuition to pay for operations, it is to eliminate the non-serious student. It makes the parents of those kids pay thru the nose. Samford and Birmingham Southern are good examples of that.
Posted on 5/17/22 at 8:53 am to 1970 SS LS6
quote:
The college moved from East Lake to Homewood in 1957.
I think Bobby Bowden went here when it was in his East Lake neighborhood, I think he went to school there when it moved to Homewood too.
Posted on 5/17/22 at 8:54 am to PrattvilleTiger
quote:
Is their education on par with Vanderbilts or something?
Samford is the Vanderbilt of Alabama.
Posted on 5/17/22 at 9:02 am to 1970 SS LS6
If he gave this amount to auburn, I figure half of it would go to buy out coaches contracts 
This post was edited on 5/17/22 at 9:04 am
Page 1 of 2
Popular
Back to top
Follow SECRant for SEC Football News