The university is recognizing her donation for a project to be built at a site that once honored Woodrow Wilson.
The latest returns topped the endowment’s 5.7% gain for fiscal 2019.
Covid-19 infections are sweeping student populations, though health departments are seeing relatively few hospitalizations or deaths so far.
Columbia University hired Kim Lew as chief executive of its $11 billion endowment, joining a small group of women to oversee investments at the wealthiest U.S. colleges.
The richest liberal arts school in the U.S. is reducing its cost by 15% for families on a one-time basis for the coming academic year.
Harvard forecast an almost $1.2 billion deficit over the fiscal year that ends June 30 and the one that begins July 1.
Administrators across the nation increasingly fear their schools may not reopen for the fall semester.
Harvard College, Princeton University and the Massachusetts Institute of Technology are among a handful of schools that plan to prorate room and board costs as the coronavirus has forced them to send students home.