Gift from Yale Alumnus to Enable Construction of New F&ES Home

The Yale School of Forestry & Environmental Studies will begin constructing a new home bearing the name of Yale College alumnus Richard Kroon, who recently made a major gift to the school.

Kroon, a New Jersey resident who retired in 2001 after 32 years with Donaldson, Lufkin & Jenrette, said, “My family and I believe deeply in the objectives Dean [Gus] Speth has set out for the School of Forestry & Environmental Studies and in the urgency with which our global environmental problems must be addressed. We are also very grateful for the rich educational and cultural experiences Yale provided my four sons, my brother and me,” said Kroon, who graduated from Yale in 1964.

The building is projected to cost about $27 million and take four years to complete. With the Kroon gift, the environment school is close to attaining its fundraising goal for the building. “I can hardly express my excitement,” said Dean Speth. “This magnificent gift not only permits us to honor Rick and his family, it gives our project a huge boost in momentum. President Levin has authorized Yale to proceed full steam ahead with efforts to identify an architect and get the building designed and built.”

The environment school now occupies eight buildings along Prospect and Sachem Streets. The new building will be located near Sage Hall, which presently is the school’s main administrative building. The new building will house classrooms, a library, faculty offices, administrative offices and the Yale Environmental Center, which will consist of an auditorium and breakout and exhibit areas.

“The new building will be an inspirational and instructional model of sustainable design, and a symbol of the school’s ideals and values,” said Stephen Kellert, chair of the building committee and the Tweedy/Ordway Professor of Social Ecology.

Kroon is a long-standing friend of Yale and the environment school. In 2002, he established the Kroon Environmental Studies Scholarship, which is awarded annually to graduates of Yale College who are pursuing an advanced degree at the environment school and demonstrate financial need. He is also a major contributor to the President’s Discretionary Fund, which supports research and other scholarly work, and a member of the school’s Leadership Council.

Kroon was an analyst at Donaldson, Lufkin & Jenrette, one of the founders of the firm’s London operation, and managing partner of its Sprout Group venture capital fund. He lives in Rumson, N.J., with his wife, Mary Jane.

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