Hunter College President Jennifer Raab says the money "couldn't have come at a better time."
The City University of New York school says the donor earmarked $4 million for scholarships. The school will use the rest to update its library and give students more group study space.
The gift is Hunter College's largest-ever donation.
At least 13 other schools with women presidents have received anonymous donations ranging from $1 million to $10 million in the last two months. The gifts total at least $74.5 million so far.
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