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Vermont's Norwich U Gets $25m, Largest Gift Ever

401(K) 2013, flickr

Vermont's Norwich University says it has received a $25 million gift, the school's largest ever, ahead of its bicentennial fund-raising campaign.

The private military college announced the gift on Friday.

The gift is from the Tawani Foundation, an organization with a mission of enhancing the awareness and understanding of the importance of the citizen soldier.

Foundation President J.N. Pritzker says it gives him "great joy" to support Norwich's upcoming fundraising campaign to ensure Norwich has the facilities and resources to meet every challenge.

Norwich President Richard Schneider says the gift will transform the university and have an impact on future generations of students and faculty.

Norwich will publicly launch its bicentennial campaign in October 2014, when it will also announce the campaign's overall fundraising goal.

Copyright 2013 Associated Press. All Rights Reserved.