April 7, 2009
NEW YORK, April 7, 2009 — Cornell University announced today that Joan and Sanford I. Weill agreed to the University's request to accelerate the fulfillment of their pledge toward its $4 billion capital campaign, including Weill Cornell Medical College's $1.3 billion "Discoveries That Make a Difference" fundraising drive. By fulfilling their pledge with a $170 million cash payment, the Weills are responding with a decisive boost to the Medical College's capital campaign at a time when the University's endowment has been significantly diminished by the current economic challenges. Mr. and Mrs. Weill's 2007 pledge is believed to be the single largest gift given to a medical college.
