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Yale gets 'transformational' $18 million gift for new play creation
Posted by: Rohan Preston under Theater Updated: April 26, 2012 - 6:36 AM
The announcement was made in New Haven, Conn., but the news has Minneapolis origins: Yale University revealed Thursday that it had received a "transformational" $18 million gift to support the creation of new plays and musicals throughout the country.
The money, from the Minneapolis-based Robina Foundation, endows the Binger Center for New Theatre. It is named for James H. Binger, the late Twin Cities lawyer, financier, theater lover and philanthropist who once owned five Broadway playhouses.
The gift, which includes a $15 milion endowment, will support works at Yale and elsewhere. It follows earlier investments. The foundation gave $2.85 million in 2008 to establish the Yale Center for New Theatre, now to be renamed the Binger Center. Robina gave an additional $950,000 to Yale in 2010, bringing its total to $21.8 million.
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