Locator: 51840PHILANTHROPY.
PART 2: Now, more story lines.
There are so many story lines here.
- University / college / education changes.
- less than two weeks ago, I had a very long discussion with Gemini about changing demands being placed on educational institutions: link. Or go to these links: if I decide to come back to this issue, it will be at this link. Link here: https://share.google/aimode/uWoDs6msUKW5HiMRw.
- there is a new term for this, and it was introduced during the CNBC interview with Sarah Eisen.
- Now, we have this from Gemini, link. Link: https://share.google/aimode/GSmyXgePvAAvcS91s.
- Instead of traditional departments and academic majors, CMU Miami will completely structure its research and studies around four core societal/grand challenge areas;
- human health and biological discover;
- national security and strategic capabilities (and economic competitiveness;
- energy and climate resilience; and,
- advanced manufacturing and industrial transformation.
- Miami.
- Griffin's personal desire to make Miami, where he lives, a world-class city;
- he is genuinely really excited about this -- giving some with his name on it, unlike Bill Gates and Warren Buffett who give their money away and appear to lose control/interest, unlike how they invested.
- Anti-semitism.
- in the interview, Ken Griffin did not go there
- however, Sarah Eisen brought it up
- Griffin is a Harvard alumnus; he had give $500 million to Harvard until he paused contributions to Harvard after rampant anti-semantic sentiment surfaced
- hit a trifecta by this $3-billion donation to CMU
- he could have given this to Harvard or split it among Miami, CMU (PA), Harvard but chose to completely "stiff" Harvard (maybe a bigger donation to Harvard is yet to come)
- The "Situational Awareness" fund meltdown.
- Griffin may or may not have felt some pushback from others stepping in like a vulture
- using much of that windfall as a record donation would have blunted much of that pushback
- In an earlier interview, Sarah Eisen said this was the biggest such donation; then she said the second was Bloomberg's donation of just under $1 billion to another institutional institutional
- that is incorrect; the second was Phil Knight's donation to University of Oregon ($2 billion) to his alma mater. Previously noted on the blog.
PART 1: This was post earlier.
Remember the story of the largest known donation ever to an American university: Nike founder to University of Oregon? Just a few days ago. It's on the blog somewhere.
Now we have a tie: Ken Griffin's $3 billion donation to Carnegie Mellow (but he divides that total donation among two different campuses).
Ken Griffin Carnegie Mellon: $2 billion -- a CNBC report this morning:
- $1 billion for the main campus (computer science and university priorities)
- $2 billion for the new Miami campus (new)
Carnegie Mellon University --
Carnegie Mellon University's main campus is located in Pittsburgh, Pennsylvania, and a new Miami campus is planned for the Wynwood neighborhood backed by a historic $3 billion gift from Citadel CEO Ken Griffin.
Folks may remember this recent Citadel story:
Not hearing a peep out of Bill Gates or Warren Buffett.