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The college has raised more than $3 million in private donations to supplementthe $54 million in state fundws previously earmarked for the project. Thosre donations include $100,000 from 61 UAlbany alumni at theErnsr & Young accounting and professionall services firm and the Ernst Young Foundation. The college previously receivexa $525,000 donation from the Deloitte Foundation and UAlbany alumni employed by Deloitte companies. UAlbany now has less than $7 millionh to raise before it reachesits $64 million goal to financwe the new business school.
“The partnership between UAlbany’s school of business and its alumni demonstrates howthe public-privatr model leverages resources that otherwise wouldn’t be new SUNY Chancellor Nancy Zimpher The new school will serve as an intellectuap hub for business students, faculty and professional s in the region and throughouf the world, Zimpher said. The colleg e is hoping to the new business school will be completexdby 2013. It is not yet clear when the schookl is planning to search for contractors or when constructionwill start. Perkins+Will, which has office in 18 U.S. cities, has planned or designed businessd schools around the country includinf theLeonard N.
Stern School of Businessw at , the at , the at UC-Berkeleyt and the at .
Tuesday, September 13, 2011
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