Anonymous Donor Triples Gift to Rensselaer to $360 Million
Campus.News is reporting that the anonymous donor who recently pledged $130 million has agreed to increase the gift to Rensselaer to $360 million. According to the article, it is the largest single gift to a public or private university in U.S. History.
In addition, the terms of the gift, originally reported in the New York Times, have been changed so that the entire gift is now unrestricted.
Rensselaer President Shirley Ann Jackson said, "In extending this new gift, our donor expressed the desire to increase support to Rensselaer, and to make an even bolder gesture in support of the Rensselaer Plan and its ambitious goals to advance the position of the Institute as a world-class technological research university. With this new gift, the donor carries out an intention to provide sustained support and make it available to an unlimited array of initiatives. On behalf of Rensselaer, I express my gratitude for this donor's singular, heartfelt, and visionary commitment."