Complex sentence: In November 2017, the Kenneth C. Griffin Charitable Fund announced that it intends to make a new $125 million gift to support the Department of Economics of the University of Chicago, which will be renamed the Kenneth C. Griffin Department of Economics.
Split into simpler sentences: In November 2017, the Kenneth C. Griffin Charitable Fund announced that it intends to make a new $125 million gift to support the Department of Economics of the University of Chicago. The department will be renamed the Kenneth C. Griffin Department of Economics.