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Giving Back

Franklin D. Raines — Rhodes Scholar, CEO of Fannie Mae, and one-time budget director to President Clinton — decides to give back to the agency that supported him as a neighborhood youth and donates $250,000 to ASC. The money is put towards the construction of a new, modern building, right next door to the existing Center, which is named for Raines at its dedication in November of 1999.

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