2 0 0 8 , ▁the ▁Foundation ▁lost ▁about ▁$ 1 4 5 ▁million ▁in ▁Bernard ▁M ado ff ’ s ▁Pon zi ▁scheme . ▁ ▁Sh api ro ▁and ▁his ▁wife , ▁Ruth ▁became ▁Bran de is ▁University ▁benef act ors ▁in ▁ 1 9 5 0 . ▁Ruth ▁joined ▁the ▁University ' s ▁National ▁Women ' s ▁Committee ▁in ▁ 1 9 4 8 . ▁ ▁Carl ▁served ▁as ▁a ▁Bran de is ▁Fellow ▁from ▁ 1 9 7 7 – 7 9 , ▁and ▁as ▁a ▁Trust ee ▁from ▁ 1 9 7 9 ▁to ▁ 1 9 8 8 , ▁when ▁he ▁became ▁a ▁Trust ee ▁emer it us . ▁They ▁gave ▁$ 2 5 ▁million , ▁the ▁largest ▁gift ▁in ▁Bran de is ▁history , ▁to ▁build ▁the ▁ 2 0 0 3 ▁Carl ▁and ▁Ruth ▁Sh api ro ▁Camp us ▁Center ▁and ▁fund ed ▁the ▁adm issions ▁center ▁and ▁end owed ▁a ▁chair ▁in ▁international ▁fin ance ▁held ▁by ▁Peter ▁Pet ri , ▁de an ▁of ▁the ▁International ▁Business ▁School ▁( former ly ▁the ▁Gr adu ate ▁School ▁of ▁International ▁Econom ics ▁and ▁Fin ance ). ▁ ▁The ▁Sh api ros ▁also ▁fund ed ▁the ▁Carl ▁and ▁Ruth ▁Sh api ro ▁Center ▁for ▁Library ▁Technology ▁and ▁J ourn als ▁in ▁the ▁Far ber ▁Library ▁on ▁campus . ▁In ▁January ▁ 2 0 0 3 ▁Sh api ro ▁received ▁Bran de is ' ▁highest ▁honor , ▁an ▁honor ary ▁degree , ▁cit ing ▁c ites ▁an ▁" un