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Clearlake co-founder pledges $20M to alma mater

Clearlake Capital Group co-founder Jose Feliciano and his wife, musical artist Kwanza Jones, have donated $20 million to Princeton University to construct two new dormitories at their alma mater that will be named after the two donors. It is the largest donation to the university to date from Black and Latino philanthropists, Princeton said. Feliciano helped found Clearlake in 2006.

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Alumni make history with major gift to Princeton University that will name two dormitories; largest gift to date by Black and Latino donors

Kwanza Jones and José E. Feliciano have made a major gift to Princeton University, a $20 million contribution that is the largest gift to date by Black and Latino donors, and one of a few extraordinary alumni commitments to the university’s strategic goal of undergraduate expansion, with the construction of two adjoining dormitories in one of the two new residential colleges being built at Princeton.

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