Mystery donor gives more than $74m to female-led colleges

NEW YORK - A mystery donor has gifted millions to at least 14 colleges run by women.

New York’s Hunter College said Monday it received $5 million in the fall and realized only recently that more than a dozen other colleges nationwide had received similar donations. Hunter College President Jennifer Raab says the money "couldn’t have come at a better time."

The City University of New York school says the donor earmarked $4 million for scholarships.

The school will use the rest to update its library and give students more group study space.

At least 13 other schools with women presidents have received anonymous donations ranging from $1 million to $10 million in the last two months.

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The gifts total at least $74.5 million so far.

- The Canadian Press