Thursday, November 02, 2006

FT.com / Home UK / UK - €200m gift to German university spurs debate

FT.com / Home UK / UK - €200m gift to German university spurs debate: "€200m gift to German university spurs debate

By Hugh Williamson in Berlin

Published: November 2 2006 02:00 | Last updated: November 2 2006 02:00

Swiss millionaire Klaus Jacobs broke all records in Germany for corporate philanthropy yesterday, donating €200m ($255m, £135m) to a private university, sparking in the process a debate on whether German business leaders were doing enough to support the country's top universities.

Mr Jacobs, the chairman of the board of directors of Adecco, the world's largest temporary employment group, said his donation, to the International University Bremen, stood as an appeal to other wealthy business figures to be more generous."

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