LSE Donors' Remember newsletter - October 2015

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Legacy

Remember

With the new academic year under way, campus is alive with students and faculty seeking to advance social science in order to help the world better address major public issues. Some of these students would not be at LSE without legacy donors; similarly, some of our faculty’s ground-breaking work is made possible through bequests supporting their professorships or research projects. Legacy gifts also help the School towards our goal of housing this activity in a 21st century campus commensurate with our global reputation for excellence.

achievement we can all reflect on with immense satisfaction. Contributing significantly to this total was the £30 million donation from the visionary philanthropist Paul Marshall to establish the Marshall Institute for Philanthropy and Social Entrepreneurship and create its home in the Paul Marshall Building at 44 Lincoln’s Inn Fields. This wonderful news is featured below.

In this update, it is my pleasure to report on a landmark year for philanthropy at LSE. In the 2014/15 financial year a record £43 million of philanthropic income was received, an

The successes of 2014/15 demonstrate our progress in embedding in the School what I hope will become a culture of philanthropy for the common good, championed by our alumni and friends.

While we celebrate the largest private donation in the School’s history, philanthropic giving in its many forms made this outstanding year possible. An example is the Annual Fund, which enjoyed its own record year by raising £913,000 from more than 3,200 donors – alumni and friends around the world pledging their support for the School through their annual gifts.

Issue 13 October 2015 This will enable us to support the scholarships, campus redevelopment initiatives and bold teaching and research innovations that characterise LSE as a world class university. As legacy donors you are integral, our ambassadors for a vision of exemplary philanthropy at LSE. This spirit was embodied perfectly by the late Professor Derek Diamond, an influential academic within the Department of Geography and the Environment who was also a generous donor to the School and a leading ambassador for the legacy programme. Professor Diamond is fondly remembered within this newsletter – and I hope his example continues to resonate for generations to come. Thank you for your continued support.

Professor Craig Calhoun, Director

LSE announces ‘Paul Marshall Building’ in honour of historic gift entrepreneurship to increase the impact and effectiveness of private contributions to the public good. The gift is the largest private donation in LSE’s history, and includes £20 million towards the redevelopment of 44 Lincoln’s Inn Fields.

Paul Marshall (left) alongside Sir Thomas Hughes-Hallett, Chair of the Institute LSE has named its 44 Lincoln’s Inn Fields development as the Paul Marshall Building in recognition of the unprecedented gift by the philanthropist and financier. In April 2015 Paul Marshall pledged £30 million to the School for the creation of The Marshall Institute for Philanthropy and Social Entrepreneurship, which will provide teaching – including a master’s programme – research, and a collaborative forum to enable current and future leaders in philanthropy and social

In addition to housing the Marshall Institute, the redeveloped building will provide a new home for LSE’s Department of Management, Department of Finance and Department of Accounting, as well as new research centres and student sporting facilities. LSE made the announcement as it launched an international design competition for the redevelopment of the site, which the School purchased in 2013. The School is once again working with the Royal Institute of British Architects (RIBA) to run the competition, and has invited expressions of interest from architects, indicating that LSE is looking for a design

which will be environmentally sustainable, provide innovative teaching and research workspaces, enhance the public space around Lincoln’s Inn Fields, and inspire future generations of students and academics. LSE would like to welcome the following supporters to the School’s Legacy Circle: Jane Berryman (MSc Politics and Government of Western Europe 1986) Dr Stephanie Cooper (BSc Geography 1970, MSc Social Policy and Administration 1979, PhD Social Administration 1984) and Jeffrey Cooper (BSc Geography 1970, MSc Geography 1971) Andrew Dekany (LLB 1986) Rosemary Phillips (Diploma in Social Science 1961) One anonymous donor

LSE Advancement | The London School of Economics and Political Science, Houghton Street, London WC2A 2AE Tel:+44 (0)20 7852 3654 Email: legacy@lse.ac.uk www.lse.ac.uk/legacygiving


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