Sanford “Sandy” Weill, former chairman of Citigroup Inc. (C), is donating $12 million to complete construction of a 1,400-seat concert hall and adjacent grounds at Sonoma State University in Rohnert Park, California.
The contribution for the Green Music Center is the largest cash gift in the history of Sonoma State and, in addition to the hall, will pay for a terraced lawn and a 10,000-capacity amphitheater, the school said today in an announcement. The complex will be named the Joan and Sanford I. Weill Hall, Lawn and Commons and is scheduled to open in September 2012.
“This could be one of the great destinations, a place that attracts world artists to Northern California,” Sandy Weill said in a telephone interview. He retired as Citigroup’s chief executive officer in 2003 and as chairman in 2006.
The Weills bought a home in Sonoma County in October and remain full-time residents of New York City. The gift is the couple’s first large donation in Northern California, said Michael Conway, Sandy Weill’s chief of staff. They have donated more than $100 million to New York’s Carnegie Hall, where Sandy Weill is chairman, and have given away more than $800 million in total, said the former Citigroup head.
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