Kan NewsCulture21:33

American Philanthropist John Paulson Donates $250 Million to Hebrew University

By לירן כוג'הינוף

Translated & summarized from Kan News by baba

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Hebrew · 12 newsrooms covering

Investor and philanthropist John Paulson has donated $250 million to the Hebrew University of Jerusalem, the largest single donation in its history. The funds will establish a new engineering faculty, advance medical research, and support trauma studies. The Mount Scopus campus will be named after Alina and John Paulson. Paulson cited solidarity with Israel and concerns over campus treatment of Jews and Israel as motivations for the gift.

The story in 5 lines · by baba

John Paulson donated $250 million to the Hebrew University of Jerusalem.
This is the largest single donation the university has ever received.
Funds will establish a new engineering faculty and advance medical research.
The Mount Scopus campus will be named the Alina and John Paulson Campus.
Paulson cited solidarity with Israel and campus climate as reasons for the donation.

American Philanthropist John Paulson Donates $250 Million to Hebrew University — Editorial illustration generated by baba News, not a photograph of the event.

American investor and philanthropist John Paulson announced on Saturday a donation of $250 million to the Hebrew University of Jerusalem. The announcement was made during the university's Board of Trustees gala event in Jerusalem. This is the largest single donation the university has received since its establishment.

According to the academic institution, the funds will be allocated to several key areas: establishing a new Faculty of Engineering, advancing medicine and biomedical research, and supporting trauma research and treatment. In recognition of this significant contribution, the Mount Scopus campus will be named the "Alina and John Paulson Campus, Mount Scopus, Jerusalem."

This latest donation brings Paulson's total cumulative support for the Hebrew University to $296 million. Previously, the Paulson Family Foundation funded the construction of the Paulson Building for Computer Science and Engineering and the Paulson Building for Electrical Engineering at the Edmond J. Safra Campus in Givat Ram.

Paulson, founder and chairman of the Paulson Family Foundation, stated that his decision to donate was an expression of support and solidarity with Israel, and a response to the recent treatment of Jews and Israel on U.S. university campuses. He highlighted the Hebrew University's research output and its comparatively lower tuition fees compared to similar institutions in the United States.

The Hebrew University's president stated that the donation will enable the institution to recruit faculty, expand student support, and upgrade research laboratories.