Missouri S&T receives large donation

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Missouri S&T receives large donation

ROLLA- A St. Louis couple donated $300 million to a foundation that will support Missouri University of Science and Technology, according to a press release. 

Fred Kummer and his wife June have been major donors to Missouri S&T for years. 

The Kummers’ gift will be channeled into a new not-for-profit foundation, The Kummer Institute Foundation.

The donation is the largest single gift to a university in the state. 

“This gift is transformative for S&T, the Rolla region and our state,” Dr. Mo Dehghani, Missouri S&T Chancellor, said.

The money will help the university establish a school of innovation and entrepreneurship, research, provide scholarships and help the Rolla economy.

“This gift will make our school a center for entrepreneurship, thereby energizing the economy of the Rolla area and the entire state of Missouri,” Dr. Dehghani said.

Kummer is the founder and chairman of St. Louis-based HBE Corp.

He established the company in 1960 and built it into the world’s leading design-build firm for health care.

“I owe much of my success to the education I received at Rolla,” Fred Kummer said.

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Editor is WebTech Group (WTG). WTG is a web hosting, design, SEO, press release distribution company and news agency located in St. Louis, Missouri. Site is owned and operate multiple news sites in the region. Our objective with STLNewsMissouri.com is to offer readers a one-stop news site for Missouri news. We aggregate news from news media across the state. We do not aggregate news from all sources. We pick from those that offer RSS feeds and pick the best with eliminating those that might produce the same news stories, written differently.
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