March 26, 2015

Gifts Rename Buildings at Yale and Indiana U.

A 14-story tower on Yale University's campus will be renamed for David Swensen, the longtime manager of the school's endowment, following a $25 million gift made in his honor, Bloomberg writes. The donation was made by Peter Baldwin, a Yale alumnus and New York University historian, and Lisbet Rausing, also a historian and the daughter of Swedish industrialist Hans Rausing.

The donors, who oversee London-based charity the Arcadia Fund, gave Yale $25-million  four years ago to establish its Institute for the Preservation of Cultural Heritage. The newly christened David Swensen Tower, formerly the Hall of Graduate Studies, is being overhauled to house Yale's humanities programs.

An Indiana University-trained lawyer has made a $20 million legacy gift to his alma mater's law school, reports campus paper the Indiana Daily Student.

The building that houses Indiana's Maurer School of Law will be renamed Baier Hall in recognition of donor Lowell Baier, an Indiana native and noted conservationist who graduated from Maurer in 1964 before establishing a practice in Washington, D.C. As part of the gift, the law school's library will be renamed for Jerome Hall, a longtime law professor who served as a mentor to Mr. Baier.