April 5, 2012

As if Dr. Seuss needed another reason to be loved at Dartmouth.

The name-shifting “Dartmouth Medical School” has changed its name to “the Audrey and Theodor Geisel School of Medicine at Dartmouth.” While you might think the "Dr. Seuss School of Medicine" makes as much PR-sense as the "The Sponge Bob Square Pants School of Business", consider this:
Geisel and his second wife, who survives him, donated more money to Dartmouth College than anyone else in the college’s history
Doesn’t sounds so stupid now, does it?

But how much money are we talking about? How good was old Ted living off the royalties from those children's books? In 2009, Dartmouth announced a $50 million gift that it described as the “largest commitment in its history”, from an anonymous source later revealed to be the family of Leon Black. Other big gifts include the $35 million anonymously given in 2010 to establish the Dartmouth Center on Health Care Delivery Science, and the $30 million the Berry Family gave in 1992 to build the library that bears their name. Over his lifetime and beyond, Geisel must have at least given more than than.

The good Doctor's wealth is due to the fact that he “continues to be the all-time best-selling children’s author”, coming in at #8 on a 2012 list of highest-earning dead celebrities. That or the Geisels had one hell of a financial planner. Either way, they are generous beyond comprehension and well deserving of the rare and distinct honor of having an Ivy League graduate school named for them.

Addendum: If you’re interested in reading up on the man who was Dr. Seuss, I have a book recommendation.

1 comment:

  1. Anonymous11:08 AM

    Spends whole life following his dreams and writing childrens books-> makes a shit load of money.

    IBankers, you jealy?