Gift from 1965 Augsburg College alumnus is largest in College\u2019s history.<\/p>\n
Augsburg College is honored to announce that it has received an unrestricted $10 million philanthropic gift from a 1965 alumnus.<\/p>\n
The donor\u2019s generous contribution will support creation of The Center for Science, Business, and Religion which will be a new academic building.<\/p>\n
\u201cThis tremendous gift will make possible our continued commitment to academic excellence, to the hands-on learning that is one of the hallmarks of the College, and to the continued best-use of our 23-acre campus,\u201d said Augsburg College President Paul Pribbenow. \u201cAugsburg is a 143-year-old anchor institution in the heart of Minneapolis\u2019 vibrant Cedar-Riverside neighborhood. This gift puts the College on the path of being a college for the 21st<\/sup> century, and one that continues to deliver academic excellence in the liberal arts and professional studies.\u201d<\/p>\n \u201cAugsburg College has found many ways to innovate and evolve since I was a student, while maintaining the core values that were so appealing to me,\u201d said Augsburg College Regent Steve Wehrenberg \u201978, chief executive officer of Campbell Mithun. \u201cThis gift will ensure the College remains a caring, inspiring and delightful place for students of all kinds to learn and grow.\u201d<\/p>\n The $10 million gift brings to more than $23 million the total funds for the new building. The Augsburg College Board of Regents will continue to monitor progress on the campaign and the College\u2019s cash position and debt capacity to determine when to set a date for groundbreaking on the first stage of the building.<\/p>\n \u201cIn May 2012, the Regents set calendar year 2014 as a target for beginning construction, a goal they believe is feasible, especially given the excitement this lead gift will engender with other prospective donors,\u201d Pribbenow said.<\/p>\n The donor, who asked to remain anonymous, is a long-time supporter of the College and graduated with bachelor\u2019s degrees in mathematics and business administration.<\/p>\n","protected":false},"excerpt":{"rendered":" Gift from 1965 Augsburg College alumnus is largest in College\u2019s history. Augsburg College is honored to announce that it has …<\/p>\n","protected":false},"author":212,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-341","post","type-post","status-publish","format-standard","hentry","category-giving-back"],"_links":{"self":[{"href":"https:\/\/www.augsburg.edu\/alumni\/wp-json\/wp\/v2\/posts\/341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.augsburg.edu\/alumni\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.augsburg.edu\/alumni\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.augsburg.edu\/alumni\/wp-json\/wp\/v2\/users\/212"}],"replies":[{"embeddable":true,"href":"https:\/\/www.augsburg.edu\/alumni\/wp-json\/wp\/v2\/comments?post=341"}],"version-history":[{"count":1,"href":"https:\/\/www.augsburg.edu\/alumni\/wp-json\/wp\/v2\/posts\/341\/revisions"}],"predecessor-version":[{"id":50984,"href":"https:\/\/www.augsburg.edu\/alumni\/wp-json\/wp\/v2\/posts\/341\/revisions\/50984"}],"wp:attachment":[{"href":"https:\/\/www.augsburg.edu\/alumni\/wp-json\/wp\/v2\/media?parent=341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.augsburg.edu\/alumni\/wp-json\/wp\/v2\/categories?post=341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.augsburg.edu\/alumni\/wp-json\/wp\/v2\/tags?post=341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}