PETERSENS MAKE SIGNIFICANT DONATION TO FUTURE BUSINESS BUILDING, HELP MEET THE MICRON MATCH
Boise State University head football coach Chris Petersen and his wife Barbara announced today a $150,000 donation to the fund for a new College of Business and Economics building at Boise State. The new facility is being planned on the corner of Capitol Boulevard and University Drive and will serve as a gateway to the west side of campus.
“With the Beat Pete’ run for academic scholarships and now this generous gift toward our new COBE building, Chris and Barbara Petersen have underscored the primacy of academic quality in all we do here at Boise State. We thank Chris and Barbara for supporting the highest quality learning environment for all of our students,” said Boise State President Bob Kustra.
The Petersens’ gift is one of three $150,000 contributions in recent months, joining the Key Bank Foundation and the A.J. Balukoff family, to boost efforts for the Meet the Match campaign. The Micron Technology Foundation made a $12.5 million lead gift in 2007, contingent on Boise State raising $5 million in matching funds by the end of 2009. Currently, about $2.2 million has been raised to meet the Micron match.
“We are strong supporters of Boise State University and its leadership,” Chris Petersen said. “This university is on the rise and the business building will be a signature facility that will serve the entire community through its programs, faculty and students. We believe academic excellence and athletic prominence must go hand in hand. We hope other alumni and friends will help meet the challenge from Micron.”
The $35 million building will boost the region’s economy and quality of life by enhancing graduate and undergraduate programs that already enjoy a national reputation for quality and innovation. It also will be key to recruiting and retaining top quality faculty and students.
“This gift should inspire others to support this building campaign,” said Howard Smith, vice president for university advancement. “Only six months remain to meet the match. Successful fundraising will allow us to break ground on the new facility midway through 2010.”
The building will include state-of-the-art classrooms and ample room for studying, group meetings and faculty offices. It also will provide a one-stop shop for small businesses and entrepreneurs seeking help through the many centers hosted by the college, including the Idaho Small Business Development Center, TechHelp, the Center for Entrepreneurship and the Centre for Creativity and Innovation.
In addition, the new building will house the KeyBank Financial Education Center in recognition of Keybank’s recent $150,000 contribution. The center will be an interactive, technology-equipped classroom that will promote economic and financial education and share the thinking of leading faculty members with students, small businesses and the community.
Boise State alum A.J. Balukoff and his family also made a $150,000 gift toward the new business building. Balukoff is well known in the Boise community, serving on the boards the Boise State Foundation, Ballet Idaho, the Boise School District and numerous others.
For more information on how to Meet the Match, visit cobe.boisestate.edu or contact Cheryl Larabee at (208) 426-2039.
The Boise State University Foundation recognized a series of recent contributions and updated progress on its comprehensive fundraising campaign that has totaled $106 million at its annual Chaffee Society gathering May 12 at the Student Union Building.
The Foundation has raised 61 percent of its $175 million “Destination Distinction” campaign goal. The progress report indicates $15.7 million for students, $48.9 million for facilities, $35.8 million for academic programs and $6.4 million for faculty. The Fund for the Future, which includes planned and estate gifts, has already exceeded its goal with $10.1 million in revocable gifts. All numbers are as of March 31, 2009.
“Our comprehensive fundraising campaign to support the people, places and programs of Boise State is progressively moving forward,” Smith said. “Our donors recognize that the future health and stability of the economy are tied to education and research. There has never been a more important time to support Boise State and higher education.”
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