Record Ohio University gift grows

Filed by Associated Press June 25th, 2008 in Top Stories.
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DAYTON, Ohio (AP) — A record gift to Ohio University has grown by more than $10 million, now that the value of the donors’ estate has become clearer.

University President Roderick McDavis announced in Dayton Wednesday that Fritz and Delores Russ left about $92 million in cash, securities and property to the school, to be used for engineering education and research.

When he first disclosed the gift in January, McDavis said the university would receive an estimated $80 million.

Fritz Russ studied electrical engineering at OU and got his degree in 1942. He and his wife lived in Dayton and launched Systems Research Laboratories, specializing in control systems for airplanes.

Delores Russ died in January at age 86; her husband died in 2004.

 


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