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In the largest single gift in the history of Missouri higher education, St. Louis businessman Fred Kummer and his wife June have donated $300 million to a foundation that will support Missouri S&T. Watch a video.
The new gift will enable the university to establish a new school of innovation and entrepreneurship, develop new areas for research, provide numerous scholarships and fellowships for students, and bolster the Rolla region’s economy.
“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 to June and Fred, S&T will have the opportunity to become one of the nation’s leading universities for innovation. At the same time, this gift will make our school a center for entrepreneurship, thereby energizing the economy of the Rolla area and the entire state of Missouri.