On March 14, 2019, Albert Einstein's 140th birthday, the Institute for Advanced Study held the inaugural IAS Einstein Gala to honor trailblazing mathematician, investor, and philanthropist Jim Simons. The New York event, which raised $3.5 million to support basic research at IAS, was attended by more than 550 leaders from the worlds of business, philanthropy, technology, art, and academia, among them Ellen Futter, Larry Gagosian, Vartan Gregorian, Jeff Koons, Eric Schmidt, Diana Taylor, James and Merryl Tisch, and Sir James and Elaine Wolfensohn.
On March 14, 2018, the Institute for Advanced Study hosted a groundbreaking ceremony for Rubenstein Commons, a new $20 million campus building that will provide a necessary space for enhanced communication and collaboration among Faculty and scholars at one of the world's leading centers for curiosity-driven basic research.
A $20 million gift to the Institute for Advanced Study from businessman and philanthropist David M. Rubenstein, a Trustee of the Institute, will support the creation of a new building on the Institute campus to be known as the Rubenstein Commons. The Commons is conceived as a welcoming and flexible environment for interaction among the permanent Faculty and visiting scholars, and will greatly enhance the Institute’s role as a convener of academic thought and activities across the sciences, humanities, and social sciences.
The IAS/Park City Mathematics Institute (PCMI), an Institute for Advanced Study outreach program of professional development for the entire mathematics community, has received a $1.25 million gift from a private foundation.
A $2 million donation from Eric and Wendy Schmidt supports the launch of the Program in Theoretical Machine Learning in the Institute’s School of Mathematics. The gift will launch a three-year program beginning in the Fall of 2017 and will focus on developing the mathematical underpinnings of machine learning, including unsupervised learning, deep learning, optimization, and statistics.
Carl P. Feinberg, Founder and Chief Executive Officer of Relational Architects Intl., a computer software firm, has endowed a Professorship of Theoretical Physics in the School of Natural Sciences at the Institute for Advanced Study. The Carl P. Feinberg Professorship, which will be held by Juan Maldacena, Professor in the School of Natural Sciences, will provide support related to all aspects of academic appointment and community life that are unique characteristics of the Institute experience.
A Patricia Crone Membership has been established in the School of Historical Studies at the Institute for Advanced Study in honor of Patricia Crone, Professor Emerita in the School, who generously designated a significant portion of her estate to support a visiting scholar in Near Eastern Studies, an area that she helped to build and strengthen at the Institute.