ANDOVER, Mass.—An alumnus has donated $25 million to Phillips Academy in Andover -- the largest donation in the high school's 250-year history.
The private school on Wednesday announced the gift from Oscar Tang, a private investor in New York and the president of the school's board of trustees.
Tang's donation will be used for several projects, including to support a plan to admit qualified students regardless of their ability to pay and to expand the Addison Gallery of American Art.
Tang graduated in 1956 from Phillips Academy, which also boasts President Bush and his father among its alumni.
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