Bloomberg.com: U.S.-Princeton Alumnus Peter Lewis Pledges $101 Million to School

Bloomberg.com: U.S.: "Princeton Alumnus Peter Lewis Pledges $101 Million to School

Jan. 21 (Bloomberg) -- Princeton University alumnus Peter Lewis, chairman of auto insurer Progressive Corp., pledged $101 million to the school, its largest single gift. The money will be used to expand the creative and performing-arts programs.

The donation by Lewis, 72, tops the $100 million pledge in 1996 by Gordon Wu and builds on 23 years of giving by Lewis to the university, according to Cass Cliatt, a Princeton spokeswoman. Lewis has pledged a total of $233 million to the school, putting him among Princeton's largest benefactors along with Moses Taylor Pyne, class of 1877, and Charles Robertson, class of 1926."