In December 2011, Cornell received the largest individual gift in its history -- $350 million -- made in support of the university’s successful bid to build a new applied sciences and technology campus in New York City.
Cornell and its partner, The Technion–Israel Institute of Technology, were named the winners of the nearly yearlong competition to create what New York City Mayor Michael Bloomberg called a "game-changing" applied sciences and technology campus, which promises to spur economic growth, job creation, and high-tech entrepreneurship.
Although the gift was initially announced as from an anonymous donor, The Atlantic Philanthropies and its founding chairman, Cornell alumnus Chuck Feeney '56, were behind the $350 million gift made in support of the campus, or CornellNYC Tech, which will be built on Roosevelt Island in the East River.
“We began talking about this some months ago and it turned out that our teams meshed, our aspirations meshed, and what we brought to the table meshed,” said Cornell President David J. Skorton. “It would be impossible to exaggerate what the emotional and programmatic support have meant to both institutions. The number of alumni of the Technion and of Cornell who have stepped forward with not just moral support but sage advice and many other ways of keeping the wind at our backs has been amazing.”
GG+A is honored to serve as Cornell's strategic partner in philanthropic management. We celebrate the university's past, present, and future success as a model for excellence in discovery, learning, and engagement.