Richard Gilder Gives $20 Million to Yale to Restore Library

Richard Gilder, founder of brokerage firm Gilder Gagnon Howe & Co., donated $20 million to Yale University to restore the Sterling Memorial Library.

The gift from Gilder and his wife, Lois Chiles, honors Richard Levin, Yale’s outgoing president, the New Haven, Connecticut-based school said today in a statement.

The money will be used to restore the nave’s stained-glass windows, improve ventilation and heating and enhance access to the library’s 4 million volumes, the school said.

Gilder graduated from Yale in 1954, according to the statement.

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