Columbia Business School Receives $25M Anonymous Gift

Columbia Business School announced Wednesday that a donor who wishes to remain anonymous has pledged a gift of $25 million to the school.

This is one of the largest gifts ever made to Columbia Business School, which plans to allocate $23.25 million to support the construction of the school’s new campus, with the remaining $1.75 million slated to bolster Columbia’s Social Enterprise Program.

The School’s Manhattanville Campus will reflect the fast-paced, high-tech, and highly social character of business in the 21st century. The facilities will create multifunctional spaces that foster a sense of community ”“ spaces where students, faculty members, alumni, and external constituents can gather to exchange ideas.

This gift is the third major donation in support of the future Columbia Business School campus, which will be part of Columbia University’s expansion just north of its Morningside Campus.

The donor joins Henry R. Kravis ’69, co-founder, co-chairman, and co-CEO of Kohlberg Kravis Roberts & Co. (KKR) and co-chair of the School’s Board of Overseers, who pledged $100 million for the project in October 2010, and Leon Cooperman ’67, chairman and CEO of Omega Advisors and also a member of the board, who donated $25 million to the new campus in April.

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