Cornelius B. Prior Jr. has made Slate magazine's list of the largest U.S. charitable donors in 1998 with his $5 million gift to the College of the Holy Cross in Massachusetts.
Prior's gift to his alma mater is in a charitable remainder trust for a professorship in the fine arts, history and the humanities, Slate reported.
Prior owns Atlantic TeleNetwork (which was split off from the V.I. Telephone Corp. in December 1997 when Prior split with former partner Jeffrey Prosser) and Antilles Wireless cable television. He also holds the lion's share of the newly renovated Coral World at Coki Point.
Slate, the online magazine owned by Microsoft, ran a list last week of the "Slate 60" — the 60 largest American charitable contributions of 1998 — and 100 "Honorable Mentions," which was a compilation of other known gifts of $5 million or more. Prior made the honorable mention list.
