Yale's Business School gets $50 Million Gift

The Yale School of Management received a $50 million committment from private investor and Harvard Business School alum Edward P. (Ned) Evans. The school's new facility, currently under construction, will be named after the Yale College grad, former head of Macmillan and son of the feared corporate raider of the 50s and 60s Thomas Mellon Evans. 

From the Yale SOM's website:

The new 4.25 acre campus, under construction on Whitney Avenue, has been designed by Foster + Partners, the architectural firm chaired by Pritzker Architecture Prize Laureate Lord Norman Foster M.Arch. ’62. It will be a landmark at the northern gateway to the Yale campus, housing state-of-the-art classrooms, faculty offices, academic centers, and student and meeting spaces organized around a welcoming courtyard. The new campus will incorporate the latest in "green construction" materials and practices, and intends to create a teaching and learning environment that will support the School's innovative integrated MBA curriculum and enhance the Yale SOM community. Wholly modern in conception and outlook, it will be a notable addition to Yale's distinguished architectural landmarks and the embodiment of the business school of the 21st century.

Back in January of this year, Yale SOM received a gift of $8,888,888, the largest at the time, from alumnus Lei Zhang, who runs the largest hedge fund in China. Last month, investor-alum Wilbur L. Ross donated $10 million to go toward the school's library.

[Yale School of Management]