The Garfield Weston Foundation has awarded £500,000 towards the Marshall Building at LSE, which will have a profoundly positive impact on students’ campus experience. This generous award is a continuation of a long-standing partnership with the School, and sees the Foundation join LSE’s Benefactor’s Board, which recognises transformative philanthropic support.
The 50-seater Weston Studio in the Marshall Building will be named in the Foundation’s honour. The Studio, part of a suite of high-specification sports and arts practice facilities that are not currently available on campus, will increase LSE’s provision of spaces that enhance the student experience and enrich their education.
The Marshall Building will also provide a composite home for LSE’s business and finance-focused disciplines: the Departments of Management, Accounting and Finance, and, alongside the highly-regarded Systemic Risk Centre and Financial Markets Group research centres, the Marshall Institute for Philanthropy and Social Entrepreneurship.
LSE Director Minouche Shafik said, “We are immensely grateful to the Garfield Weston Foundation for their enduring and transformational philanthropic support. The Marshall Building will contribute towards a campus commensurate with our reputation as a world-leading education and research university.”
“Our student community is at the heart of our campus redevelopment plans,” she continued. “The new facilities will provide the kinds of spaces students have told us they need to truly make the most of their time at LSE: innovative lecture theatres, adaptable teaching rooms, flexible study spaces, as well as new sports and arts practice facilities.”
Philippa Charles, Director of the Foundation, commented: “The Garfield Weston Foundation supports organisations demonstrating they are meeting a need effectively and with clear outcomes and benefits, good leadership, sensible business plans and a commitment to excellence. We hope this grant will encourage other donors to support the final stages of fundraising for this important new part of LSE’s campus.”
The RIBA award-winning Marshall building will be environmentally sustainable, provide innovative teaching and research workspaces, enhance the public space around Lincoln’s Inn Fields, and inspire future generations of students and academics. The building has been made possible by transformative philanthropic support from Sir Paul Marshall, whose name it bears. It will open in 2021.