Philanthropy News Digest, "NYU Stern School of Business Receives $5 Million Gift From Alumna"

The Stern School of Business at New York University has announced a $5 million gift from alumna Elizabeth Elting (MBA '92) in support of efforts to nurture the next generation of women entrepreneurs.

The largest gift from a woman entrepreneur in the school's history will support, over ten years, Elizabeth Elting Women's Leadership Fellowships for a total of forty female MBA students who demonstrate academic merit and, in association with the school's Endless Frontier Labs program, provide seed capital to twenty women-led businesses through the Elizabeth Elting Venture Fund.