Media Mogul Redstone Donates $1 Million to Harvard

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Billionaire Sumner Redstone, chairman of Viacom and CBS Corp. and 1947 grad of Harvard Law School, has donated $1 million to his alma mater and its law school.

Harvard Law will receive $500,000 for 10 students pursuing work in the public sector after they graduate this spring, said Dean of Law School Martha L. Minow. The fellowship is intended to fund one year of service work and can be used to supplement income in public sector jobs.

Redstone cited John F. Kennedy’s commitment to public service as the inspiration for his donation.

  

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“As the 50^th anniversary of John F. Kennedy’s presidency nears, we reflect on how his influence sparked an era of optimism, activism and national service,” Redstone said. “I have established these scholarships to help celebrate President Kennedy’s spirit by fostering a focus on education and a renewed commitment to public service. I am honored to have the opportunity to recognize and encourage these admirable young men and women.”

Minnow also commented on the donation.

“In the 50 years since John F. Kennedy inspired a generation with his call to service, Sumner Redstone has steadfastly answered that call throughout the course of his extraordinary career and as a visionary leader in our society,” Minnow said. “Now, with these fellowships, he shares his inspiration by supporting the newest generation of lawyers who wish to make a difference in the lives of their fellow human beings.”

The recipients of the scholarships will be chosen based on criteria that include a commitment to public service that reflects President Kennedy’s civic ideals.

According to a press release, Redstone has recently awarded more than $100 million in charitable grants to fund initiatives in the U.S. and abroad.