External Relations and Philanthropy Committee Receives Over $ 10.7 Million In Donations For Board Approval | Latest updates
Kent State University received more than $ 10.7 million in donations for the new Crawford College of Business and Entrepreneurship at the External Relations and Philanthropy Committee meeting on Friday. Ambassador Edward F. Crawford donated the largest donation in university history for the construction and name of the building.
The board must approve the 16 donations at its Dec. 15 meeting because they exceed $ 100,000 each, said Virginia Addicott, a board member. There were seven donations of $ 1,000,000 or more.
One of the donations was for the Henry and Louise Timken atrium of $ 1,500,000 for the aeronautical and engineering building.
“This gift is the result of a successful team effort between Dean Bloebaum and the management of the Timken Foundation and the university,” said Vice President for Philanthropy and Alumni Engagement Valoree Vargo. We are very grateful for this commitment to the college. ”
The other six donations were intended for Crawford Hall, the future headquarters of the College Business and Entrepreneurship, including:
Robert M. and Janet L. Archer Kent Water Sports Trading Lab and Robert M. and Jane L. Archer Kent Water Sports Business Analytics Lab – $ 2,000,000. Robert Archer received his MBA from Kent State in 1961 with a major in management science. The labs will allow students “to gain vital experience and training in this critical and expanding component of business practices,” Vargo said.
James R. Unger World Forum – $ 1,500,000. Unger is a 1967 graduate with a Bachelor of Business Administration in Management Science and his wife, Evelyn F. Unger, is a 1972 primary school alumnus. The 400-seat world forum will serve as a conference hall and event space for the College of Business and Entrepreneurship.
Matthew E. and Nancy S. Likens Department of Marketing and Entrepreneurship – $ 1,000,000. Matthew graduated from Kent State University in 1975 with a BBA in Marketing and Nancy obtained a BA in Deaf Education the same year.
Hospitality Court for the Mutual Medical Community – $ 1,000,000. Medical Mutual has maintained a partnership with Kent State University for many years and has been the primary provider of health benefits for university employees.
Walter G. and Judy A. Van Benthuysen Collaboration Staircase – $ 1,000,000. Walter graduated from Kent State University in 1961 with a degree in business administration.
John S. Brinzo Center for Entrepreneurship and Business Innovation and John S. Brinzo Entrepreneurship Lab – $ 1,536,381. Brinzo graduated with a Bachelor of Science in Business Administration from Kent State University in 1964. The center will host the college’s annual pitch competition and various activities, Vargo said.
There were nine additional gifts between $ 100,000 and $ 750,000, which include:
Robert D. Hisrich Faculty and Staff Room – $ 150,000. Hisrich is Bridgestone President of International Marketing and Director of the Global Management Center at the Ambassador Crawford College of Business and Entrepreneurship
Classroom Angelo and Joyce Kinicki – $ 150,000. Angelo received his undergraduate degree in management science and his MBA and doctorate in organizational science from Kent State University. Joyce graduated in Management Science in 1980.
Katy Dix Brahler Conference Room – $ 100,000. Katy received his BBA in Real Estate and Finance in 1989. Gary Brahler received his BBA in Marketing and is a past president and current member of the board of directors of Kent State University.
Barry E. and Jo Ann Fetterman Stock Ticker – $ 100,000. Barry received his BBA in Marketing from Kent State University in 1974 and his MBA in 1976. He currently serves on both the Foundation’s Board of Trustees and the University’s Board of Trustees. âThe ticker will be a highly visible facility that will display current inventory information and also serve as a communication platform for the building,â Vargo said.
Greg and Kathy Long and Ralph R. and Grace B. Jones Foundation Visitor Center and Reception Area – $ 100,000. Greg Long graduated from Kent State University in 1971 with a BBA in Management Science. Grace Jones currently serves on the board of directors of the Kent State Foundation.
President Todd Diacon has approved nine additional donations since the university president is authorized to approve donations under $ 100,000, Vargo said. These donations include:
Jean Wolford Study Room by Gregg and Marjorie Vignos
Office of the Dean of William McKean and Mary Ann Williams
Stephen M. Hawley Team Zone
S. Bruce and Eleanor W. Heister Office of the President of Finance
The Polatajko Family Discussion Group and Observation Rooms
Salvatore and Carmela Volpe collaboration space
Office of Lieutenant-Colonel Kevin W. Blanchard
Ken and Kathy Haber team area
Nicholas and Cathleen Square team space
In addition to donations, Vargo provided updated numbers of the university’s fundraising efforts this semester.
As of July 1, $ 60,500,000 has been raised, with the goal of $ 30,000,000, Vargo said.
âThis is the best start we’ve ever had at Kent State for the July through November period,â said Vargo. “Prior to this year, we had never passed the $ 15 million mark at that time at the end of November.”
Last year, Giving Tuesday raised $ 2,300,000. This year, Forever Brighter helped Forever Brighter raise $ 7,712,753, including $ 1,300,000 million in donations and matching money and approximately $ 6,500,000 million in planned giving and estate pledges, said Vargo.
The campaign has a goal of $ 350,000,000 and on Friday they crossed the $ 315,000,000 mark, Vargo said. The campaign is expected to end at the end of June 2024.
âPrioritizing Student Success has a goal of $ 100,000,000 and has raised $ 97,700,000 so far,â Vargo said.
Kent State College of Podiatric Medicine received a donation of $ 10,000,000 from the Podiatry Foundation. This will fund scholarships, research programs and continuing medical education within the College of Podiatric Medicine, the slide presented shows.
âThis year, we received more Senior Gifts and Leadership Gifts than ever before,â Vargo said.
There were 26 donations over $ 100,000, five donations over $ 1,000,000 and three donations over $ 5,000,000.
Nick Gattozzi, executive director of government and community relations, highlighted the state bills the ministry is following because of their potential effect on university procedures.
the first of which is Bill 218, a legislative compromise bill on vaccinations that was recently passed at home and is under consideration in the Senate, he said.
This bill would expand the exemptions to include natural immunity and require the university to make a good faith effort to provide fair education to students who refuse to be vaccinated, he said.
Activity on this bill has been postponed after the first of the year as further negotiations take place, Gattozzi said.
Gattozzi also discussed Bill 327, relating to “concepts that divide”. This bill has an impact on kindergarten to grade 12 and higher education, which remains the responsibility of the state and local government committee. The committee is expected to make additional changes to the bill.
The legislature expects the university to consider these changes and weigh once a replacement bill is released and placed on the committee’s agenda, Gattozzi said.
Finally, Gattozzi addressed State Bill 135, for the reform of higher education. This bill was passed by the Senate and is now being considered by the Higher Education Committee.
Track and Field Director Randale Richmond spoke about recent accomplishments within the track department. The department honored 23 mid-year graduate student athletes in a Friday afternoon ceremony at the Kent State Hotel, Richmond said. Of those 23, 63% go on to graduate school and 11% get their second degree, he said.
The Kent State University football team will travel to Idaho for the Dec. 21 Idaho Potato Bowl vs. Wyoming State University.
This is the second time the team has played in a bowl game under coach Sean Lewis in the past four years. Before that, the team had only gone to a bowl game twice in fifty years, said Richmond.
Due to travel for the match, team members will not be able to attend on Saturday. Opening Ceremony on December 18, 2021. Team members will get a mini debut at Boise led by Lamar Hylton and Melody Tankersley to be recognized for their academic achievement and graduation from college, Diacon said.
Alexandra Golden is a journalist. Contact her at [email protected]