one of the conditions was that most of the money goes directly to students in scholarships.
starving people in developing countries? only if you go there yourself and give out money on the streets, otherwise most of it will end up in corrupt official's pockets. lol, i grew up there and seen how it works. unfortunately, with corrupt governments there is very little you can do by just giving money.
Exactly, that's why money are going directly to students who cant afford insane cost of education and we need more educated people in this country.
on the other hand this is a drop in a sea for big universities. Here is how much some schools had in '08:
Harvard University $ 36.556 billion USD
MIT $ 10.069 billion
University of Chicago $ 6.632 billion
etc