MacKenzie Scott Gives $38 Million To Xavier University

Xavier University is on the receiving end of a $38 million gift from philanthropist MacKenzie Scott.

University officials announced the gift on Tuesday, describing it as the largest private donation in the history of the school.

The donation is an unrestricted gift, meaning there are no strings attached to limit its use.

The donation comes near the close of Xavier's 100th year, which has seen an increase in philanthropic support.