Stavros Niarchos Foundation Awards $4.5 Million to Chatham House

Stavros Niarchos Foundation Awards $4.5 Million to Chatham House

Chatham House, an international think tank based in London, has announced a £3 million ($4.5 million) gift from the Stavros Niarchos Foundation.

The gift will support the renovation and expansion of the ground floor of the adjoining building, Ames House, which the institute purchased in 2013. When the project is completed, the Stavros Niarchos Foundation Floor will include state-of-the-art meeting facilities for research staff and fellows of the Queen Elizabeth II Academy for Leadership in International Affairs as well as significantly enhanced convening space, including a "simulation" room, the Asfari Centre, and breakout and meeting areas.

The gift was made in support of the Chatham House Second Century Initiative, which was launched in 2014 to endow a number of research fellowships and interdisciplinary research centers, create endowments supporting the Queen Elizabeth II Academy, and secure the necessary physical space and infrastructure in London to meet the growing demand for and scope of the institute's work.

"We are delighted to support the growth of Chatham House, one of Europe's leading independent, nonpartisan policy institutes, at a time when the risks to global prosperity and stability are expanding," said Andreas Dracopoulos, co-president of SNF's board of directors. "Chatham House's reputation for providing world-leading analysis needs to remain as strong as ever, and I am confident that this grant will help the institute take its research and convening activities in new interactive and interdisciplinary directions."