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Unrestricted Gift

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education2 years ago•2 min saved

Citadel Founder Ken Griffin Donates $300 Million to Harvard, Renames Graduate School in His Honor.

Citadel hedge fund CEO and Harvard alumnus Ken Griffin has donated a $300 million unrestricted gift to Harvard University, which will rename its Graduate School of Arts and Science to honor Griffin's lifetime donations. This is one of multiple million-dollar donations Griffin has given the university since he graduated in 1989, adding up to more than $500 million in total. The gift will support excellence in teaching, graduate education, and research across the disciplines. Harvard's leaders have full discretion over how to use the $300 million within the Faculty of Arts and Sciences.

via The Boston Globe|

#donation #education #harvard-university

education2 years ago•2 min saved

Citadel CEO Ken Griffin donates $300 million to Harvard University.

Kenneth C. Griffin, a billionaire hedge fund CEO and Harvard alumnus, has donated $300 million to Harvard's Faculty of Arts and Sciences, making it his second-largest donation to the university. In recognition of his contribution, the Graduate School of Arts and Sciences will be renamed the Harvard Kenneth C. Griffin Graduate School of Arts and Sciences. The unrestricted gift will support the school's teaching and research in various fields. Griffin has donated more than $1.5 billion to various charitable organizations, including the Art Institute of Chicago and the Obama Foundation.

via Harvard Crimson|

#donation #education #graduate-school-of-arts-and-sciences