Stony Brook University to Get $150 Million Gift

On Wednesday, hedge fund billionaire and philanthropist James H. Simons and his wife, Marilyn, announced the biggest gift by far in State University of New York’s history, $150 million to Stony Brook University. It is the sixth largest donation ever made to an American public university, according to The Chronicle of Higher Education, and is twice as large as the previous record for a gift to a public university in New York — the $60 million that the Simonses’ foundation gave to Stony Brook in 2008.