Davidson College will be receiving its single largest grant ever – $45 million – from The Duke Endowment, to "transform the academic heart of its campus," according to a college news release.

The grant will fund the expansion, construction or renovation for six academic buildings while Davidson embarks on a curricular expansion, Davidson College President Carol Quillen said. The campus will also add community and flexible shared spaces such as a cafe, artist studios, learning labs and computer labs.

"Davidson graduates lead and serve in an increasingly interconnected, rapidly changing world," Quillen said. "To stay ahead of these changes, we need to shift how we work, both physically and intellectually. This bold campus plan will enable our exceptional faculty to create a curriculum centered on students doing original work."

Since its founding in 1924, The Duke Endowment has awarded $2.9 billion in grants, including more than a $167 million to Davidson.

Davidson is one of the four educational institutions that receive annual financial support from the endowment, including Furman University, Duke University and Johnson C. Smith University.