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New Partnership moves ahead

in New York. 12/13/2011. From the NYT:

[James H. Simons] joined two governors, David A. Paterson and Andrew M. Cuomo, in pressing the Legislature to shore up the finances of the State University of New York, the parent system of Stony Brook, in part by raising tuition. He made it clear that he could be very generous if the state acted, and this year lawmakers made the kinds of changes he sought.

On Wednesday, Mr. Simons, 73, and his wife, Marilyn, will announce the biggest gift by far in SUNY’s history, $150 million to Stony Brook. It is the sixth largest donation ever made to an American public university, according to The Chronicle of Higher Education, and is twice as large as the previous record for a gift to a public university in New York — the $60 million that the Simonses’ foundation gave to Stony Brook in 2008.

Simons’ plan was not just “raising tuition”. More here.

One Comment

  1. Anonymous 12/14/2011

    Somebody should see to it that big UO donors get the NYT story.

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