Claremont McKenna College will use a $75-million donation for a building to house classrooms and offices, and to serve as a new gateway to the campus, the college announced on Tuesday.
The source of the gift is the Marie-Josée and Henry R. Kravis Foundation, which made the unrestricted donation three months into the college’s $600-million fund-raising campaign, which it describes as the largest ever undertaken by a liberal-arts college.
The building, to be called the Kravis Center, is scheduled for completion in 2010 and will include classrooms, research institutes, faculty offices, and the Office of Admission and Financial Aid. The building will incorporate sustainable design and “become both the literal and symbolic heart of our institution,” Claremont McKenna’s president, Pamela Gann, said.
Mr. Kravis, a founder of the private-equity firm of Kohlberg Kravis Roberts & Company, is a 1967 graduate of the college and member of its Board of Trustees. —Allie Grasgreen
Chronicle List: Major Private Gifts to Higher Education Since 1967