Stanford, Columbia to share $30 million Helen Gurley Brown gift

Stanford University's School of Engineering and Columbia Journalism School have received a $30 million gift to establish a New York City-based Institute for Media Innovation, which will seek new ways for technology to enhance a robust free press.

The gift, announced Monday morning, comes from Helen Gurley Brown, longtime editor of Cosmopolitan and author of the 1962 bestseller "Sex and the Single Girl," which set the stage for the women's liberation movement.