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Ohio Basketball Topic
Topic: The AD hire
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giacomo
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giacomo
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Posted: 9/4/2019 12:36 PM
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I wonder how Dr. Violet Patton came to have all this money to donate. In a quick web search I wasn't able to find any information. Does anyone know?
Alan Swank
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Posted: 9/4/2019 12:56 PM
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giacomo wrote:expand_more
I wonder how Dr. Violet Patton came to have all this money to donate. In a quick web search I wasn't able to find any information. Does anyone know?
https://www.ohio.edu/education/about/legacy
BillyTheCat
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Posted: 9/4/2019 1:19 PM
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giacomo wrote:expand_more
I wonder how Dr. Violet Patton came to have all this money to donate. In a quick web search I wasn't able to find any information. Does anyone know?
Maybe because she was/is a pretty famous author for quite a few years. And obviously took care of her money.
jpmo
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Posted: 9/4/2019 2:27 PM
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Apparently she invested in the right stock at the right time.
https://www.philanthropy.com/article/No-26-Violet-L-Patto...

She is also 103. Lots of time to compound her returns.
giacomo
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Posted: 9/4/2019 4:06 PM
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Yes she did. Very interesting. There was nothing in her background to suggest that kind of money, even given her age and compounding of returns.
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