Parseghian led the Fighting Irish to two national championships over 11 seasons.
Notre Dame announced in 2015 that it would stop burning coal within five years and cut its carbon output by more than half by 2030.
The endowment aims to fast-track the creation of treatments from discoveries about cancer, diabetes, Alzheimer's and more.
This phase involves building a 164-room Embassy Suites hotel, which will have rooms facing the football stadium.
The graduates walked out in opposition to the Trump administration's policies.
Vice President Mike Pence is delivering the commencement address Sunday at Notre Dame.
The Templeton Prize honors a living person who has made an exceptional contribution to affirming life's spiritual dimension.
Pence will be the first vice president to deliver Notre Dame's commencement address.
The President said a public declaration of Notre Dame as a sanctuary campus could draw attention to vulnerable students.
The music building is among three structures being added to the exterior of Notre Dame stadium.