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June 26, 2007

Major Gift From Canadian Tycoon Will Further International Studies

Jim Balsillie, a Canadian billionaire who has made a mint off the popular Blackberry communications device, announced on Monday a gift of about $31-million to open a Balsillie School of International Affairs, in Waterloo, Ontario, and a nearly $16-million donation to the Centre for International Governance Innovation, a think tank, for a total outlay of 50 million Canadian dollars.

His pledge for the new school will be matched by the University of Waterloo and Wilfrid Laurier University, which will each put up 25 million Canadian dollars, or about $24-million, over the next 10 years. The new school will operate in conjunction with the two universities, offering joint graduate programs in global governance and international public policy, according to The Globe and Mail, a Toronto newspaper.

In addition, the Ontario government says it will match Mr. Balsillie’s pledge to the research center, which he set up with a $19-million gift in 2002.

Mr. Balsillie is the co-chief executive officer of Research in Motion, which makes the Blackberry, and was one of the founding donors of the Perimeter Institute for Theoretical Physics. —Karen Birchard

Posted on Tuesday June 26, 2007 | Permalink |