Columbia Business School receives $25 million gift for new facility, program support
September 07, 2012
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.
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