Northwestern receives $100 million gift

(EVANSTON) Roberta Buffett Elliott — sister of legendary investor Warren Buffett — has set a new high water mark for donations to Northwestern University.

Tuesday, she gave the Evanston university a gift of $100 million to create the Institute for Global Studies and fund scholarships for international students, according to a statement from Northwestern.

“Bertie’s extraordinary commitment and her unprecedented generosity to Northwestern will fundamentally transform every corner of the University’s global programming,” Northwestern President Morton Schapiro said in the statement.

Elliott, a 1954 grad of the university, decided to fund the entire gift immediately.