The Columbia Business School recently received a $25 million gift from an anonymous donor. Most of the money - $23.25 million - is being allocated toward the construction of a new facility in Manhattanville. The rest of the funds - $1.75 million - are being used to support Columbia's Social Enterprise Program.

This anonymous gift is one of the largest ever received by the university. Other significant contributions include a $25 million donation made by Leon Cooperman, chairman and CEO of Omega Advisors, and a $100 million gift from Henry R. Kravis, co-founder, co-chairman and co-CEO of Kohlberg Kravis Roberts & Co.

The school's Manhattanville Campus will expand facilities north of the Morningside Heights Campus to add an additional 170,000 square feet. Designed by New York architecture firm Diller Scofidio + Renfro, the cutting-edge, multi-purpose building will promote interaction between faculty members, alumni and students.

Institutions that receive large amounts of funding from various donors for one project might find solutions such as fundraising database software beneficial. The program can help track incoming funds and ensure they are correctly distributed.