Babson College Receives $36.3 Million for Campus Center

Babson College Receives $36.3 Million for Campus Center

Babson College has announced a $36.3 million gift from alumni Bob and Jan Weissman for construction of a student center on its campus in Wellesley, Massachusetts.

The gift from the couple, who now have given $100 million to Babson, will allow the school to begin construction of the 10,000-square-foot facility, which will serve as a gateway to Horn Library and feature an assortment of study areas and informal gathering spaces, a café, and space for the Stephen D. Cutler Center for Investments and Finance

Robert Weissman is a co-founder of Cognizant Technology Solutions, an information-consulting company that employs over 250,000 people and has sales of more than $14 billion. During the 1970s, he helped pioneer the cable television transmission industry and, later, the computer-time-sharing industry. In 1980, he was named executive vice president of Dun & Bradstreet Corporation, where he spent seventeen years, eventually serving as president, chairman, and CEO.

In 2008, the couple established the Weissman Scholarship program, which currently supports nineteen students at the college. To date, thirteen Weissman Scholars have graduated from the school and secured positions at tech startups, charter schools, nonprofit organizations, international auto companies, and accounting firms. The Weissmans also have established an endowed professorship, the Robert E. Weissman '64, H'94, P'87 '90 and Janet Weissman P'87 '90 Professor in Business Analytics, which earlier this years was filled by Professor Richard Cleary.

"We are all humbled, inspired, and deeply grateful for the Weissmans' extraordinary and unmatched generosity and commitment to Babson College," said the school's president, Kerry Healey. "Bob and Jan's remarkable support is a testament to their deep engagement with our mission: to prepare entrepreneurial leaders who create great economic and social value everywhere. Their guidance and support has benefited every aspect of the Babson community — our students, alumni, faculty, and the campus experience — and will continue to drive excellence at Babson for generations to come."