$150 Million Gift for Stony Brook

December 14, 2011

The State University of New York at Stony Brook is today announcing a $150 million gift from James and Marilyn Simons and the Simons Foundation. The gift is the largest ever to Stony Brook or any SUNY campus, and comes from donors who have already been generous to the university. James Simons has been a strong advocate for giving the SUNY system's research universities more autonomy and more control over their funds, and has said in the past that he would be motivated to give more if he saw movement in that direction. Shifts in the last year gave more authority over tuition revenue to the SUNY system. The $150 million gift will support medical research, new endowed professorships, and funds to recruit top undergraduate and graduate students.

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