$110 million donation going toward scholarships
A $110 million donation for scholarships will be annonced Wednesday. The donation was made by John Mork, chief executive of Energy Corp. of America and alumn of USC, and his wife Julie Mork, who runs the firm’s charitable foundation. Both are Trustees of the University.
The donation is supposed to cover tuition and some expenses for about 100 undergraduates, according to the Los Angeles Times.
“Public and private education has gotten more expensive over time. I think this will allow the very best kids to get a degree at USC, whether they can afford it or not,” Mork said.