The Wolfson Foundation has awarded £1 million to LSE towards its Centre Buildings Redevelopment – the largest capital project in the School’s history.
This latest generous award is a continuation of a successful partnership between the two organisations dating back to 1972. The Wolfson Foundation’s philanthropic support for LSE totals almost £4 million and in 2000 they were added to LSE’s Benefactors’ Board, which recognises the impact of transformative philanthropy at the School.
LSE’s Centre Buildings development will result in a new 15-storey building that forms a key part of the School’s vision to build a more flexible and inclusive campus, which matches its world-class reputation for research, education, and innovation.
The foundation’s grant will support a suite of flexible teaching and learning spaces in the new building. These dynamic spaces will facilitate world-leading research creation and knowledge exchange, and promote an ecosystem in which high-quality research and teaching inform and feed into one another.
Paul Ramsbottom, Chief Executive of the Wolfson Foundation, said: “The Wolfson Foundation supports and promotes excellence, with a strong emphasis on research and learning. Our partnership with LSE is therefore an important and obvious one, and dates back over a number of decades. We are delighted to be involved in the Centre Buildings development and admire the way in which the School is going from strength to strength under the leadership of Dame Minouche.”
Dame Minouche Shafik, LSE Director, said: “It is a source of great pride that LSE has once again been chosen as a Wolfson Foundation grant recipient. As with previous awards, the impact extends far beyond the immediate monetary value. This generous endorsement from such a prestigious foundation demonstrates its continued faith in the School, and will act as a powerful catalyst as we seek to leverage additional support.”
She added: “Creating innovative teaching and learning spaces is integral to our commitment to ensure our students are educated not only by exceptional academics, but also within an exceptional learning environment. This will help to transform our students’ entire experience and, in turn, continue to inform our world-leading research.”