Columbia B-School Receives $100 Million Gift from Wharton Alum

Columbia Business School

Columbia Business School

Last week Wharton alum and longtime Columbia board and community member Ronald O. Perelman donated $100 to Columbia Business School.

The gift will help fund new programs on the new CBS Manhattanville campus. One of the two buildings on the new campus will be named for Perelman – the Ronald O. Perelman Center for Business Innovation. The building will be lay opposite the Henry R. Kravis Building, a building named for a donor of the same $100 million amount in 2010.

Last year Perelman donated $25 million to UPenn to create the Center for Public Science and Economics, and another $20 to UPenn’s new Perelman Quadrangle.

In a Poets & Quants article on the donation, Glenn Hubbard, dean of CBS says:  “The Perelman Center will allow Columbia Business School to continue pioneering breakthroughs in management education, such as moving beyond functional expertise or siloed learning and ensuring a more integrated curriculum for our students. It will help us create the classrooms of tomorrow and foster an even greater collaborative spirit among recruiters, students, alumni, and faculty members, paving the way for a stronger network and more meaningful outcomes for our community.”

For more info, you can check out the P&Q post, as well as a New York Times article, “Perelman Pledges $100 Million to Columbia Business School.”

You can read an article on the largest b-school donations by heading here: “Largest Donors to Business Schools,” also on Poets & Quants.