Annenberg Pledges $10 Million to School
Multimillionaire Walter H. Annenberg has pledged another $10 million to the prep school he attended, officials at the school said Monday.
“Nothing is more important than educating the youth of our country,” Annenberg, a founder of TV Guide magazine, said of his latest gift to the Peddie School at Hightstown, N.J. With the $12 million he pledged in 1983, Annenberg’s contributions to the school’s improvements fund now total $22 million, a record amount from a single donor, Peddie officials said.
Including earlier donations for other purposes, they said, Annenberg has given the school $30 million since his graduation in 1927.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
