remains far below the average of its Association of American Universities peers.
On June 1, 2023, The Simons Foundation announced a historic $500 million endowment gift, making it the largest unrestricted donation to an institution of higher education in U.S. history.
=== Student government ===
Housed in the Student Activities Center, the Undergraduate Student Government (USG) is the governing body representing the undergraduate students of the university. The main functions of USG involve regulation, funding, and recognizing official clubs and organizations of the university. Undergraduate students are obligated to pay a Student Activity Fee per semester which is then administered by the Undergraduate Student Government. USG manages the yearly Homecoming events, Roth Pond Regatta and the traditional end-of-the year Brookfest concert and a series of concerts and events branded as "Stony Brook Concerts" that occur throughout the academic year while also directly funding undergraduate organizations, clubs, and …
