The Franklin Institute has received the largest gift in its 187 year history, according to Philanthropy Today.
Philadelphia’s Franklin Institute has received the largest pledge in its history, $10-million from the businessman Nicholas Karabots, The Philadelphia Inquirer writes.
The donation puts the science center within $6-million of its $64.7-million campaign goal to fund an addition and other upgrades.
The new wing will be named for Mr. Karabots and his wife, Athena, and house exhibits on the brain and neuroscience as well as conference and classroom facilities.
Mr. Karabots, a South Bronx native who made a fortune in printing supplies and property development, said he was inspired to make the gift when he visited the institute "and saw what they were doing with all these kids. I went up to the observatory and there were four inner-city kids who were spending a year learning astronomy. I was impressed."
Source: Philanthropy Today
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