Businessman and philanthropist David M. Rubenstein, a Trustee of the Institute for Advanced Study, has given a $20 million gift to the Institute.
The donation from Mr. Rubenstein, co-founder and co-CEO of The Carlyle Group, will support the creation of a new building on the Institute campus to be known as the Rubenstein Commons.
The Commons is conceived as a welcoming and flexible environment for interaction among the permanent faculty and visiting scholars, and will enhance the Institute’s role as a convener of academic thought and activities across the sciences, humanities and social sciences.
The gift also helped to ensure the successful completion of the Campaign for the Institute, which concluded on June 30.
