Stephen A. Schwarzman Donates Record $25 Million to Abington High School
02.26.18
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The Firm is representing Stephen A. Schwarzman, Chairman, CEO and Co-Founder of Blackstone, in connection with his donation of $25 million to his alma mater, Abington High School, located in Abington, Pennsylvania. The donation is the largest ever to an individual public school and will support a full-scale renovation of the school, an updated curriculum and the addition of a new science and technology center.
The $25 million gift announcement was made at the National Conference on Education of The School Superintendents Association, and helped to kick off the organization’s new campaign, “I Love Public Education,” a yearlong initiative designed to highlight why public schools are essential to developing and educating future generations.
The Simpson Thacher team includes Jennifer Reynoso (Exempt Organizations).