Credit card billionaire T. Denny Sanford donated $350 million to National University to be renamed in his honor
A different program, born out of Sanford’s experience as a philanthropist, trains nonprofit workers how to better seek funding from billionaires like himself.
Founded in 1971, the private, nonprofit National University primarily caters to adult learners, providing specialized education to suit students who are raising families, working, or are veterans. “Denny has stressed that he agreed with us that educating the masses is important. The single moms, the folks where life got in the way, the folks that work two to three jobs to make ends meet – these type of folks need to get served with education,” says Dr. Michael Cunningham, chancellor of National University Systems, a network of four nonprofit universities that run Sanford’s programs.
T. Denny Sanford himself was set on a dramatically different path thanks to education. The Minnesota native started working in his father’s garment shop at age 8, and might have had a completely different life if it hadn’t been for a run-in with the law. At 18 he was sentenced to 90 days in jail for fighting, but was offered a lighter sentence by the judge if he agreed to go to college.
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