December 9, 1991 — Five college presidents received unexpected and unsolicited gifts in the mail this morning — no-strings-attached checks for $100,000. The institutions were notified today that they are the recipients of Knight Foundation’s 1991 Presidential Leadership Grants, $100,000 cash awards recognizing quality presidential leadership at small private liberal arts colleges and universities serving special populations. The checks were sent … Continue reading Five College Presidents Surprised with $100,000 Checks