USC announced Thursday the establishment of a think tank named after former Gov. Arnold Schwarzenegger and dedicated to developing nonpartisan solutions to a variety of social, economic and political challenges.
The USC Schwarzenegger Institute for State and Global Policy will be funded with a Schwarzenegger commitment of $20 million, which will include a personal donation as well as money from fundraising. Schwarzenegger's personal donation was not disclosed.
The think tank will be housed at the USC Price School of Public Policy, said USC President C.L. Max Nikias. School officials said the endowment is expected to be fully funded within two or three years.
The former bodybuilder-turned-actor-turned-governor said the think tank will allow him, among other things, to pass along his experience from his seven years in Sacramento.
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