Claremont McKenna College receives $140 million from alumnus
Claremont McKenna College in Claremont, California, has announced a $140 million gift from alumnus and trustee George R. Roberts (’66 P’93), to expand and fully develop the eastern half of its campus.
The CMC board of trustees has designated the entire campus east of Mills Avenue the “Roberts Campus” in honor of the gift, which will provide funding and leverage further investment by creating matching grants to attract additional donors and enable the college to double the footprint of its residential Claremont campus to more than 150 acres. Initiatives supported by the gift include the development of eight athletic and practice fields, a new aquatics center, a golf practice range, a recreational area, and a pedestrian bridge across Claremont Boulevard; three pedestrian malls; and the construction of academic and administrative buildings, expanded student apartments, and a commencement green.
“I hope this gift enables CMC to ensure its place as the college for the future, and provides the education and experience to help deserving young people contribute and compete in the world of the future,” said Roberts, co-founder and co-executive chair of global investment firm KKR & Co.
“By investing in CMC infrastructure, George is providing leadership that encourages others to follow,” said CMC board chair David G. Mgrublian (’82 P’11). “To my knowledge, no other donor to a liberal arts college has done this. But then again, there also is no other donor like George and no other liberal arts college like CMC.”
