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Ken Griffin pledges $3 billion to Carnegie Mellon University

Original: Ken Griffin pledges $3 billion to Carnegie Mellon University in 'historic' gift

Billionaire hedge fund founder Ken Griffin has pledged $3 billion to Carnegie Mellon University, described as a historic gift. The donation ranks among the largest ever made to a US university and is expected to significantly boost the institution's funding for research, scholarships and academic programs. The announcement has drawn wide attention given its unprecedented scale in higher education philanthropy.

Why now: The sheer size of the donation makes it one of the largest gifts in the history of American higher education.

Ken GriffinCarnegie Mellon University

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