HAYWARD, Calif. - California State University, East Bay was given a $50 million donation from philanthropist MacKenzie Scott, the university said in a statement Thursday.
The gift marks the largest single donation in the school's history, according to a news release from the university.
"This gift is truly transformational," said university president Cathy Sandeen. It will help us grow, not just now, but into the future. I am tremendously grateful."
The Hayward-based university did not specify any plans for the money but said it would "strengthen the university's endowment and long-term capacity."
CSU East Bay Foundation Board President Evelyn Buchanan credited Sandeen's leadership for securing the donation.
Scott, a billionaire investor and philanthropist and former wife of Amazon founder Jeff Bezos, makes donations through her organization Yield Giving.
"Cal State East Bay -- and our hard-working students -- are finally getting the recognition and credit they deserve, and in such a big way," said Sandeen.