Carnegie Mellon University Receives Record $3 Billion Donation From Citadel CEO Ken Griffin
Carnegie Mellon University (CMU) has received a record-breaking $3 billion donation from Citadel CEO Ken Griffin. The largest gift to U.S. higher education will fund a new CMU campus in Miami and a significant portion for its Pittsburgh campus, including…

Harrisburg Lancaster Lebanon York, PA, October 1, 2026 —
Carnegie Mellon University (CMU) has announced it has received a $3 billion donation from Citadel CEO Ken Griffin. This contribution marks the largest gift ever made to an institution of higher education in the United States.
The substantial funds are earmarked for several key initiatives. A significant portion will be allocated to the establishment of a new CMU campus located in Miami. Additionally, substantial investment is planned for the university’s existing campus in Pittsburgh.
Specifically, $500 million of the donation is designated for the university’s School of Computer Science. These funds are intended to support its operations and will lead to the renaming of the school.
The unprecedented size of this donation has also prompted public discussion regarding potential influences. Concerns have been raised about the implications of such a large gift, particularly in light of Ken Griffin’s political affiliations and his recent appointment to the university’s board. The extent of any ideological influence stemming from the donation and Griffin’s board membership remains a subject of discussion.
Further details regarding the specific allocation of funds to the Pittsburgh campus beyond the School of Computer Science, and the timeline for the development of the new Miami campus, were not immediately provided.
Story summarized from the original created by Maddy Franklin, Pittsburgh’s Public Source on penncapital-star.com, see more information here.
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