Cass Business School moved to new premises in the London Borough of Islington, and changed its name as part of a strategy formed by Lord Currie of Marylebone, who had become Dean the year before, to compete as an international business school in a market dominated by US universities. The school had previously been spread out across the City of London's mainly residential Barbican Centre development. Half of the £40 million funding for the new building came from the reserves of City, University of London. The school also received a gift from Sir John Cass's Foundation, founded in 1748 to educate children in
Cass Lake, Minnesota Leech Lake Indian Reservation. Following passage of the Indian Reorganization Act of 1934 and establishment of the Minnesota Chippewa Tribe, tribal headquarters were located in Cass Lake. Cass Lake is also location of the headquarters of the Leech Lake Band of Ojibwe, which operates the Palace Bingo and Casino. Cass Lake is located in Independent School District 115 (Cass Lake-Bena School District). Cass Lake–Bena Elementary School is located within the city limits, while Cass Lake–Bena High School and Middle School are located approximately 1 mile south of town. Elementary school classes began in 1899 and the high school opened in