Carnegie Mellon University receives $3 billion donation for Pittsburgh and Miami campuses
Carnegie Mellon University announced a $3 billion gift from Citadel founder and CEO, marking the largest individual donation in higher education history.
PITTSBURGH —
Carnegie Mellon University announced early Wednesday morning that it has received a historic $3 billion donation from Citadel founder and CEO Ken Griffin, the largest individual gift in the history of higher education.
Of the $3 billion, $1 billion will be allocated to CMU’s Oakland campus in Pittsburgh, with $500 million supporting the university’s highest priorities and $500 million invested in the School of Computer Science.
The remaining $2 billion will fund the creation of CMU Miami, a new campus designed to pioneer the next era of American innovation.
The Miami campus will be organized around societal challenges rather than academic majors to prepare future leaders for a rapidly changing world.
Once completed, it will support more than 3,500 students. Construction is expected to begin in 2027, with plans to enroll students in 2028.
CMU President Farnam Jahanian released a statement, saying, “Together, we have an opportunity to extend the very qualities that have long distinguished Carnegie Mellon — our agility, creativity, interdisciplinary culture and relentless focus on impact — to build a new model for higher education that meets the urgency of this moment.”