The Pershing Square Foundation, the philanthropic arm of Bill Ackman’s $10.4 billion Pershing Square Capital Management, led in part by his wife Karen, recently announced a $25 million donation to New York’s Signature Theater, set to open off-Broadway this week. The Frank Gehry-designed venue, to be named “The Pershing Square Signature Center,” boasts three small theaters, rehearsal space, a café, bar and bookstore.
