Billionaire Jim Simons donates record $500M to Stony Brook University.
TL;DR Summary
Stony Brook University, a SUNY school on Long Island, is receiving a $500 million donation from the Simons Foundation, one of the largest gifts ever to an American university. The donation will go towards scholarships, academic programs, and research. The State of New York will match 40% of the donation through an endowment idea created by Gov. Kathy Hochul. The donation was made by alumni married couple Marilyn Simons and her husband, billionaire Jim Simons.
Topics:nation#academic-programs#donation#education#scholarships#simons-foundation#stony-brook-university
- Stony Brook University to receive $500M donation, one of largest gifts to an American university WABC-TV
- Stony Brook University Gets $500 Million Gift From Simons Foundation The New York Times
- Stony Brook University gets $500 million from hedge fund founder who taught math there ABC News
- RenTech’s Jim Simons Donates a Record $500 Million to Stony Brook Yahoo Finance
- Billionaire Jim Simons Makes Second-Largest Donation To Public College Ever Forbes
- View Full Coverage on Google News
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
1 min
vs 2 min read
Condensed
76%
318 → 75 words
Want the full story? Read the original article
Read on WABC-TV