FDU gets $5M gift to help support Metropolitan Campus transformation

By Emily Bader
Teaneck | Sep 26, 2019 at 12:31 pm

Fairleigh Dickinson University has received a multimillion-dollar donation from Greg Olsen to support the construction of a new campus center, according to FDU President Christopher A. Capuano.

A rendering of the Gregory H. Olsen Center.

The 40,000-square-foot center is expected to break ground in 2021 on the university’s Metropolitan Campus in Teaneck. It will be comprised of meeting and learning spaces.

The building will be known as the Gregory H. Olsen Center, in recognition of Olsen’s $5 million gift. This is Olsen’s second $5 million contribution to the school in less than 15 years, FDU said.

Capuano said that the Olsen Center will serving as the “beating heart of our Metropolitan Campus,” by enhancing the campus community through a variety of cultural, educational, social and recreational programs.

“Greg has again made an extraordinary gift to his alma mater that will truly transform the university,” Capuano said.

Olsen, FDU BS’66 and MS’68, is an engineer and venture capitalist as well as a member of FDU’s board of trustees, according to New Jersey Business.

“Two of my start-up companies are from the fields in which I trained during college and graduate school. I am happy to be able to help Fairleigh Dickinson grow because you certainly helped me to grow,” said Olsen. “FDU is a great university, and I’m happy and honored to support this transformational project.”

Emily Bader | ebader@roi-nj.com | emilybader