Cornell University announced on Thursday that billionaire David Duffield has donated $371.5 million, marking the largest single gift in the institution’s history. The donation highlights Duffield’s continued commitment to his alma mater and its development efforts.
Details about how the funds will be allocated were not specified, but the university indicated that the contribution will be used to support various initiatives, including academic programs, research, and infrastructure improvements. Duffield, a prominent alumnus known for his success in the technology and software sectors, has previously contributed to educational and philanthropic causes.
The university’s leadership expressed gratitude for the generosity, emphasizing that such a significant gift will have a lasting impact on Cornell’s ability to advance its mission. The donation elevates Cornell’s fundraising achievements and underscores the importance of alumni support in higher education development.