(Photograph) - Advertising mogul and art collector Charles Saatchi is donating 130 pieces from his collection to create scholarship bursaries for students attending four of his favourite art colleges: Chelsea, Goldsmiths, The Slade and Royal College of Art. Rachel Whiteread's Untitled (Square Sink), Cindy Sherman's colour photograph Untitled No. 122 (Angry Blond), Jenny Saville's Prop (above) and Damien Hirst's The Lovers (spontaneous, committed, detached, compromising) are among pieces on sale at Christie's in an auction expected to raise Pounds 1 million. Successful projects will be shown at the Saatchi Gallery and brought into the collection.