The Abington School District announced today that Stephen A. Schwarzman, will be donating $25 million to his Alma Mater, Abington Senior High School. Said to be the largest donation ever to an individual public school, the funds will be put towards Abington High schools’s new addition of the science and technology center and also used to fully renovate the high school. In addition, the Abington School District is committed to shifting to a more advanced and innovated curriculum in order to prepare their students for the ever changing future. This will include required computer science classes and a variety of additional class choices to allow exposure to more specific careers, at an earlier age.
Below is the rendering of the Center for Science and Technology.
Stephen Schwarzman, Chairman, CEO and Co Founder of Blackstone, a leading American multinational private equity, and financial services firm, graduated from Abington Senior High School in 1965. Below is a photo of Schwarzman from Abington Senior Highschool’s 1965 yearbook.
Schwarzman, also a graduate of Yale University and Harvard Business School, has made quite a few generous contributions in support of education throughout his career. To mention a few, he has donated $150 million to Yale University for a new student and performing arts center, $100 million to support the New York Public Library and has also previously funded the construction of Abington’s stadium at the high school.
Blackstone tweeted a quote from Steve Schwarzman today in which he said, “I call on others to join me and invest in public schools, in an effort to spark a much needed shift in how we support the more than 50 million students receiving a public education today.” Schwarzman will announce his $25 million gift at the National Conference on Education of The School Superintendents Association, held on February 15- 17th in Nashville, TN.
Courtesy of Abington School District