Kenneth C. Griffin Gives Carnegie Mellon Record $3 Billion for Miami Campus
Updated
Updated · The New York Times · Sep 30
Kenneth C. Griffin Gives Carnegie Mellon Record $3 Billion for Miami Campus
3 articles · Updated · The New York Times · Sep 30
Summary
$3 billion from hedge fund executive Kenneth C. Griffin will go to Carnegie Mellon University, marking the largest single donation in American higher-education history.
$2 billion of the gift is earmarked for a 35-acre Miami campus in Wynwood, where Carnegie Mellon expects to begin enrolling students in 2028.
The university projects the Miami outpost will eventually serve more than 3,500 students, extending a global footprint that already includes campuses in Qatar and Rwanda.
The donation, disclosed after more than two years of private planning, tops the previous $2 billion record gift to Oregon Health & Science University and adds momentum to South Florida's push for more elite university campuses.