Wednesday, September 30, 2026

Ken Griffin Donation To Carnegie Mellon -- Part 2 -- September 30, 2026

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.