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Edward Jones and AIG SunAmerica Inc. Bestow Gift on Claremont Graduate University; Largest Gift in University''s History.

Publication: Business Wire
Publication Date: 19-MAY-03
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Business Editors

ST. LOUIS--(BUSINESS WIRE)--May 19, 2003

Edward Jones and AIG SunAmerica Inc., two of the country's leading financial-services firms, are joining with The Starr Foundation in making a joint challenge gift of $10 million to be paid over five years to benefit management education at Claremont Graduate University (CGU). CGU has the challenge of matching the gift by raising an additional $10 million within the next five years.

The gift, presented on May 16 in Claremont, Calif., honors the leadership of John W. Bachmann, managing partner of St. Louis-based Edward Jones since 1980. Bachmann steps down as managing partner at the end of this year.

``This magnificent gift is the largest in the university's history and will have the greatest impact on a single academic program,'' said Steadman Upham,...

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