The most generous philanthropists make up the Presidents Circle, recognizing the significant impact of their gifts to IU. It is through their charitable giving that the university has become a prominent institution of higher education. Because of Cindy Simon Skjodt IU has a gloriously updated Assembly Hall. From donations made by Glenn and Donna Scolnik there is an endowed chair for a clinical law professor. Students scholarships are available because of gifts from Al and Lynn Reichle. These are just a few of the ways Indiana University has benefited from these tremendous donors.
The Presidents Circle Laurel Pin honors these philanthropists at three levels: Benefactor ($1,000,000), Fellow ($5,000,000), and Founder ($10,000,000). The pin was custom designed by Tiffany and Co. and features one, two, or three garnets coinciding with the level the honoree has reached. It is presented by the IU Foundation at an exclusive presidential conferral held at the Musical Arts Center on the Bloomington campus.