BUSINESS

Buffett Facilitates $128 Mil Donation To Quaker High School

03/28/2008 02:45 am ET | Updated May 25, 2011

It probably would never have happened if Harvard University had not rejected Warren E. Buffett's business school application in 1950. But a string of events originating with Mr. Buffett's disappointment led yesterday to a Quaker high school's receiving a gift that dwarfs some college endowments: $128 million.

Officials at George School, a prep school in Bucks County, Pa., were reeling from the contribution, believed to be one of the largest ever to a secondary school. "All I could say was things like, 'Wow, this is overwhelming,' " said Anne Storch, the school's chief fund-raiser.

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