Ohio U. Gift Valued at Over $91-Million
June 25, 2008
A gift donated to Ohio University from the estate of the late Fritz J. and Dolores H. Russ of Dayton, Ohio, that in January was worth an estimated $80-million, is now valued at over $91.8-million, making it the largest received by any public university in Ohio, reports the university. The proceeds, $79.1-million in cash and securities, and $12.7-million in property, will go to the university’s college of engineering.
Mr. Russ received a bachelor’s degree in electrical engineering from Ohio University in 1942. The gift brings the Russes’ total giving to the university to at least $100.7-million.
