$7M Gift Allows Grove City College to Surpass Goal
GROVE CITY, Pa. – A gift of $7 million from an anonymous donor has allowed Grove City College to meet and surpass its goal of $90 million in its most recent capital campaign, the college announced Monday.
The gift took the “Grove City Matters: A Campaign to Advance Grove City College” over the top and end with $95 million, the president of the small private liberal arts college, Paul J. McNulty, said.
More than 16,500 individuals and organizations contributed in the four years since former first lady Laura Bush joined former Grove City College President Dick Jewell kick off the campaign in May 2011.
The campaign was the most ambitious in the 140-year history of the college and the funds raised will be used to “fund scholarships, construct new buildings, and support the work of the college’s Center for Vision and Values and Center for Entrepreneurship and Innovation,” the press release said. More than $4.5 million of the funds raised will be directed to the last two, described respectively as “a groundbreaking effort that focuses on student startups” and “a think tank committed to advancing faith and freedom.”
Funds raised earlier in the campaign were directed to completing Rathburn Hall, the Christian activities building and STEM Hall, a state-of-the-art science, technology, engineering and mathematics building. More than $37 million of the sum raised will establish 130 new scholarships.
Grove City College, which accepts no federal funds, “has raised more than $160 million in a little over a decade,” the release said.
Copyright 2017 The Business Journal, Youngstown, Ohio.
Published by The Business Journal, Youngstown, Ohio.
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