Temple terminates record $55 million gift from alumnus amid federal investigation
Temple University has terminated a $55 million philanthropic commitment from alumnus and former trustee Christopher Barnett, ending what had been the largest gift in the university's history after federal allegations emerged against Barnett and his company.
The gift, announced in October 2025, included the naming of Temple's College of Public Health and several other spaces and programs across campus. Temple and Barnett "mutually agreed" to terminate the commitment, according to a message issued Monday by Board of Trustees Chair Mitchell L. Morgan and Temple President John Fry.
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Video Summary
AI GeneratedTemple University has terminated a record-breaking $55 million donation from alumnus Christopher Barnett. The decision follows a federal investigation into Barnett's company, ABA Centers of America, involving allegations of fraud and money laundering. While the university is cutting ties, President John Fry maintains that fundraising remains strong despite the loss of the gift.