Ben-Gurion University Receives $400M Donation

June 26, 2016 | American Associates, Ben-Gurion University of the Negev (AABGU) has announced a gift of $400 million from the estate of Dr. Howard and Lottie Marcus of San Diego, California. Lottie Marcus died this past December at age 99, while Howard died in 2014 at age 104. The legacy gift is believed to be the largest bequest on behalf of an Israeli university and may be the largest donation ever made to benefit any institution in the State of Israel. The funds will be used to establish a permanent endowment in support of Ben-Gurion University of the Negev, which will yield endowment assets that more than double the size of the current University endowment.