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Ken Griffin gives $3 billion to Carnegie Mellon University

Original: Carnegie Mellon University Announces Historic $3 Billion Gift from Ken Griffin, Pioneering a New Model for Higher Education

Carnegie Mellon University has announced a $3 billion gift from hedge fund manager Ken Griffin, described as one of the largest donations in higher education history. The university says the funding will pioneer a new model for how institutions are financed and operated, and the scale of the gift is drawing broad attention across the education and philanthropy worlds.

Why now: The unprecedented size of the gift and its claimed new funding model make it a landmark moment for higher education philanthropy.

Carnegie Mellon UniversityKen GriffinCitadel

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