junky372 t1_iw2vhsb wrote
Reply to comment by Hypothermal_Confetti in BU proposes three new buildings as part of $1-billion campus upgrade; also wants to start looking at building over the turnpike by EnjoyTheNonsense
It doesn't mean that the institution gets access to 100 million right away - generally, they get access to whatever the interest is on that money yearly which is then divided up across the spending priorities that the donor specified (endowing professors, scholarship aid, research, etc) so that the money is sustainable and keeps giving over time.
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