“Governor Hochul’s announcement today providing support for an endowment match, research labs, and innovative programs will help to propel Stony Brook to even greater heights,” said Stony Brook University President Maurie McInnis. “The endowment match will inspire our philanthropic supporters to secure our long-term future while supporting current research and student scholarships. We are grateful to Governor Hochul for her visionary leadership and for providing the flexibility and mission-specific resources needed to advance our transformational goals of doubling research expenditures and moving into the top 25-ranked public research universities nationally.”
Announced today in the Governor’s 2023 State of the State, it is proposed Stony Brook University will receive:
- $200 million in capital funding for research labs at Stony Brook University and the University at Buffalo to invest in new and renovated research buildings, labs, and state-of-the art instrumentation.
- Endowment match up to $500 million in state funds for Stony Brook University and the three other university centers.
- $200 million in digital transformation and IT infrastructure across SUNY including Stony Brook University.
About Stony Brook University
Stony Brook University — New York’s flagship university and No. 1 public university — is going far beyond the expectations of today’s public universities. It is part of the State University of New York (SUNY) system. With nearly 26,000 students, more than 2,800 faculty members, more than 200,000 alumni, a premier academic health center and 18 NCAA Division I athletic programs, Stony Brook is a research-intensive distinguished center of innovation dedicated to addressing the world’s biggest challenges. The university embraces its mission to provide comprehensive undergraduate, graduate and professional education of the highest quality, and is ranked among the top 35 public universities by Forbes and one of the top 100 universities in the nation by the U.S. News & World Report Best Colleges listing. Fostering a commitment to academic research and intellectual endeavors, Stony Brook’s membership in the Association of American Universities (AAU) places it among the top 65 research institutions in North America. The university’s distinguished faculty have earned esteemed awards such as the Nobel Prize, Pulitzer Prize, Indianapolis Prize for animal conservation, Abel Prize and the inaugural Breakthrough Prize in Mathematics. Stony Brook has the responsibility of co-managing Brookhaven National Laboratory for the U.S. Department of Energy — one of only eight universities with a role in running a national laboratory. Providing economic growth for neighboring communities and the wider geographic region, the university totals an impressive $7.23 billion in increased economic output on Long Island. Follow us on Facebook (https://www.facebook.com/stonybrooku/) and Twitter(@stonybrooku)