Princeton University receives two gifts totaling $35 million for campus buildings
October 23, 2012
Princeton University recently announced it received two gifts from alumni totaling $35 million in support of two separate university building projects. One was made by brothers Monte and Neil Wallace to name the Wallace Dance Building and Theater in Princeton's planned arts complex. Once completed, the new community will house three buildings and feature additional seating, rehearsal space, classrooms, performance spaces and faculty offices.
"Thanks to the Wallaces' generosity, our students will soon have much-needed spaces in which to pursue their artistic visions, both in rehearsal and performance," University president Shirley Tilghman said. "I am grateful to Monte and Neil for giving them such a beautiful 'stage' on which to perfect and demonstrate their talents."
At the same time, Nancy Peretsman and Robert Scully announced a $20 million gift to name the Peretsman-Scully Hall, a psychology building that connects to the Princeton Neuroscience Institute. With these departments housed together, the university hopes to support ongoing dialogue between the schools as a way to spark innovative ideas and developments.
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