The Simons Foundation and the Charles and Lisa Simonyi Fund for Arts and Sciences have committed $100 million to the Institute for Advanced Study (IAS). The unrestricted challenge grant will serve as the basis for a $200 million campaign to bolster the institute’s endowment. The grant has to be matched by funds from donors within the next four years. IAS has also received additional gifts and pledges worth $9 million. The IAS is a center for theoretical research into fundamental aspects of the sciences and humanities.

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