The Wolfson Foundation, a charity awarding grants to promote excellence in various academic fields, has awarded LSE £1 million towards its Centre Buildings Redevelopment, part of LSE’s ongoing campus renovation.
LSE’s Centre Buildings development will result in a new 15-storey building, part of the School’s vision to build a more inclusive campus, which reflects its world-class reputation for research and education.
The School has long been partnered with the Wolfson Foundation – the association dating back to 1972. Over the years, the Foundation’s philanthropic support for LSE totals almost £4 million. In 2000, they were added to LSE’s Benefactors’ Board, a means of recognising the impact of transformative philanthropy at the School.
The financial grant offered by the Foundation will support flexible teaching and learning spaces in the new building. These spaces will be a means of encouraging an attitude and environment of high-quality research and teaching.
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.”