$50-Million Einhorn Gift Boosts Cornell Community Program

Hedge-fund manager David Einhorn has committed $50-million to Cornell University to support a effort to involve students in community projects off-campus and around the world, Bloomberg and The New York Times write. The Ithaca, N.Y., college plans to raise an additional $100-million for the Engaged Cornell program, augmenting the 10-year gift from the Einhorn Family Charitable Trust.

Announcing the donation Monday, university officials said Engaged Cornell will aim to get students to “become active citizens and to tackle critical challenges by participating in hands-on, practical learning experiences” in communities at home and abroad. The university set a goal of full participation by 2025, meaning all graduating students will have participated in at least one course with a community-engagement element.