Missouri University Of Science And Technology Receives $300 Million Gift, The Largest In Missouri Higher Education History
Missouri University of Science and Technology(Missouri S and T) announced today that it had received a $300 million donation, the largest single gift in the history of Missouri higher education. St. Louis businessman and Missouri S and T alum Fred Kummer and his wife June are giving the money to a foundation they created that will support several initiatives at the university.
The Kummers’ gift will be administered by The Kummer Institute Foundation. Funds from the foundation will support several new initiatives at Missouri S&T, including:
- A new research and development entity modeled after other university-affiliated centers like the Lawrence Livermore National Laboratory in Livermore, California and the Johns Hopkins Applied Physics Laboratory in Laurel, Maryland. The new organization will be the home to four new research centers – focused on infrastructure, advanced manufacturing, artificial intelligence and autonomous systems, and environmental and resource sustainability.
- The Kummer School of Innovation, Entrepreneurship and Economic Development, a new school that will combine academic programs in business with new programs related to innovation and entrepreneurship at the bachelor’s, master’s and Ph.D. levels.
- Scholarships, fellowships and other enhancement for high-achieving undergraduate and graduate students.
- Expansion of the university’s online degree programs.
- New research faculty positions.
- Expansion and renovation of existing facilities along with construction of new buildings and labs.
- Enhanced community outreach through student-community engagement, a lecture series, and a shuttle service between S&T and St. Louis to bring students from the metropolitan area to Rolla
“This gift is transformative for S&T, the Rolla region and our state,” said Dr. Mo Dehghani, Missouri S&T chancellor. “For nearly 150 years, Missouri S&T has been known as the state’s premier technological university. Now, thanks