Charles Bartlett Johnson, Y ’54

But it’s not all bad news at Yale this week, 1954 alumnus Charles B. Johnson, chairman of Franklin Resources, aka Franklin Templeton, is celebrating his recent retirement by handing Yale a check for $250 million, the largest single donation in the university’s 312-year history.

Yale President Peter Salovey smiled appreciatively, but noted aloud that this marvelous new donation left Yale only $80 million short of the monies needed to build the two new residential colleges needed to bring Yale’s enrollment up to 6000 students.

Reuters