Monument Trust donates an additional £5 million to Cambridge Judge Business School, bringing its total contribution to £18 million.
The Monument Trust has pledged an additional £5 million to help finance expansion of Cambridge Judge Business School, bringing its contribution to the building project to £13 million. The generous donation was announced by Cambridge Judge today as work began on the School’s new Simon Sainsbury Centre in central Cambridge.
The £13 million contribution by the Monument Trust for Cambridge Judge’s expansion covers 40 per cent of the financing required for the building project, which represents a critical next step in the School’s development. The new building will benefit the Cambridge community and enable a shared experience and interactive working environment for students, faculty and staff, while creating world-class learning and conferencing facilities for businesses participating in the School’s Executive Education programmes.
The Monument Trust founded by Simon Sainsbury was one of the original benefactors of Cambridge Judge when the School began in the early 1990s, and the Monument Trust has continued this commitment to the School after Simon’s death in 2006. The new contribution brings the total donations from Monument to Cambridge Judge to £18 million over the past 25 years.
“We are extremely grateful to the Monument Trust and its trustees for this new generous gift to Cambridge Judge Business School,” said Christoph Loch, director of the School.
This gift in the 25th anniversary year of Cambridge Judge is critical in enabling us to even start this project, which we need to move our business school forward. It will help us to bring our academic community under one roof, to better serve our students and the wider community in Cambridge and beyond.”
The Cambridge City Council in April approved the £32 million building expansion project, which is due for completion in 2017 and will include new lecture theatres, seminar rooms and dining facilities.
The new 4,790-square-metre Simon Sainsbury Centre on Tennis Court Road will sit directly behind the former Addenbrooke’s Hospital building that houses Cambridge Judge. It was designed by London architects Stanton Williams as an exciting space to provide a world-class institution with state-of-the-art facilities to fulfil big ambitions in its second quarter-century.