Hunter College gets $25 million gift

Hunter College gets $25 million gift

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NEW YORK (AP) - Hunter College has received a $25 million gift from Toby and Leon Cooperman.

The gift will be split between a scholarship program and the college's library.

Leon Cooperman is chairman and chief executive of Omega Advisors, a New York hedge fund. Toby Cooperman recently retired from a career as a special-education specialist at the Early Childhood Learning Center in Chatham, N.J.

The couple graduated from the school in 1964.

Cooperman told The Wall Street Journal that they're grateful to Hunter for a first-class education. He majored in chemistry, she in history - for $24 a semester. The college is part of the City University of New York system.

Last year, the Coopermans gave $25 million to Columbia Business School, which Leon Cooperman also attended.

Information from: The Wall Street Journal, http://www.wsj.com

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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