Landmark gift from alumnus Stephen A. Schwarzman to establish first-of-its-kind campus center at Yale


Stephen A. Schwarzman ’69 B.A. and President Peter Salovey are pictured in Commons, future home of a center devoted to cultural programming and student life. (Photo by Michael Marsland)

President Peter Salovey has announced a $150 million path-breaking gift by Blackstone founder and Yale alumnus, Stephen A. Schwarzman ’69 B.A. to create a world-class, state-of-the-art campus center by renovating the historic Commons and Memorial Hall. Schwarzman’s gift, the second-largest single donation in Yale’s history, will establish a university-wide center that serves as a campus educational, social, and cultural hub, and enables virtual engagement with global audiences.


     The Schwarzman Center will be transformational for Yale in providing, for the first time, a center dedicated to cultural programming and student life at the center of the university. It will be designed to draw together students and faculty from all of Yale’s schools and colleges, and with the help of state-of-the-art technology, enable virtual engagement with the outside world in a dynamic way never done before at Yale. The project will be a cornerstone of Salovey’s vision to build a more unified, accessible, and innovative university. The myriad educational, social, and cultural programs envisioned for the Schwarzman Center will further reinforce Yale’s role as a leading research university “that proudly and unapologetically focuses on its students,” as Salovey described Yale in his inaugural address two years ago.

Read details here - news.yale.edu

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