Get our email updates

Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Advertisement
Advertisement

Cornell graduate donates $55 million to endow Cornell CALS Ashley School

A $55 million donation from graduate Stephen Ashley will establish the Cornell CALS Ashley School of Global Development and the Environment. (Photo credit: Adam Murtland /Cornell University website)

ITHACA, N.Y. — Cornell University’s College of Agriculture and Life Sciences (CALS) will use a $55 million donation to establish the Cornell CALS Ashley School of Global Development and the Environment.

It combines the department of global development and the department of natural resources and the environment, Cornell said. The school is named in honor of Cornell graduate Stephen Ashley, whose donation to endow the school is the largest in CALS history.

Ashley is chairman and CEO of The Ashley Companies, a Rochester–based firm that specializes in property management, brokerage, financing, and real-estate investment.

(Sponsored)

“Steve Ashley’s decades of leadership, advocacy and support for Cornell have had a profound impact on the university,” Cornell University President Michael Kotlikoff said in the announcement. “This investment to create the Ashley School is both timely and visionary, allowing us to bring together the expertise in agricultural, life, environmental and social sciences that underpin environmental and human well-being locally and globally. We are so grateful to Steve for his generosity, partnership and friendship.”

Ashley has been involved with Cornell University for more than a half century, including 55 years on the University Council, 16 years on the Cornell board of trustees, and 10 years as co-chair of the Far Above capital campaign, the school said.

In 2016, he received the Frank H.T. Rhodes Exemplary Alumni Service Award, the university’s highest award for alumni service.

“My family has had a strong, multigenerational relationship with Cornell,” Ashley said. “I met my wife, Janice, at Cornell and over the years, Cornell has influenced much of my personal and professional life. I am delighted to be able to support this initiative, which has been so thoughtfully framed and structured. I appreciate how it creates even stronger collaborations between agriculture, environmental science, economics and research to positively impact communities.”

CALS plans to recruit at least 10 additional faculty members to the new school, including three who will focus on agricultural, development and environmental economics, Benjamin Houlton, dean of CALS, said in the Cornell announcement.

The school will continue to support the two departments’ two undergraduate degrees (including one, environment and sustainability, that is shared with the College of Arts and Sciences), five undergraduate minors, four master’s degree programs and two Ph.D. degrees. Enrolled students won’t be affected, and students seeking to enroll in those programs can continue to do so. No new programs, majors or minors are forming at this time, but future formations will be considered in collaboration with faculty, CALS leadership said.

Post
Share
Tweet
Print
Email

Get our email updates

Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.