Cornell Receives $25 Million for Business School

Cornell Receives $25 Million for Business School

Cornell University in Ithaca, New York, has announced a $25 million gift from alumnus David Breazzano to its Samuel Curtis Johnson Graduate School of Management for a new classroom and office building currently under construction in the city's Collegetown neighborhood.

Expected to open in the summer of 2017, the six-story, 76,000-square-foot Breazzano Family Center for Business Education will feature four large tiered classrooms and a flexible flat-floor classroom that can be subdivided into two separate classrooms. The building also will include two high-definition broadcast studios and will be able to accommodate student project teams in forty-two breakout rooms and thirty open spaces. The gift from Breazzano, who graduated from the Johnson School in 1980, also provides $4 million for the Breazzano Family Faculty Excellence Fund and current-use support via the Johnson Annual Fund.

"Dave's extraordinary gift will enhance the quality and capacity of our business programs. It recognizes the need for an additional facility to launch Johnson on its next phase of growth and is a whole-hearted endorsement of Johnson's faculty," said the university's interim president, Hunter R. Rawlings III. "We are grateful for Dave's vote of confidence in Johnson’s future and its role in the Cornell College of Business."

"$25M Gift Supports New MBA Center in Collegetown." Cornell University Press Release 05/16/2016.