Haverford College in Haverford, Pennsylvania, has announced a $25 million gift from alumnus Howard W. Lutnick toward renovations of its library.

The largest gift in the school's history will be used to renovate and expand the library into a state-of-the art facility that transforms the entire campus. The gift from Lutnick launches the public phase of the college's $225 million Lives That Speak campaign.

Lutnick, chair of Haverford’s board of managers and a 1983 graduate of the school, is chairman and CEO of Cantor Fitzgerald, the New York City-based financial services firm that lost two-thirds of its employees in the September 11 attacks on the World Trade Center, and BGC Partners, a global financial and real estate brokerage company. With this latest gift, he has now given more than $65 million to his alma mater.

"[Lutnick] quietly pays to solve one problem or another," Haverford president Daniel H. Weiss told the Philadelphia Inquirer. "One of the things about Howard that is extraordinary is what he wants to support is what the college needs."