S&T receives $300 million gift from June and Fred Kummer

Posted by
On October 12, 2020

Fred and June Kummer

A $300 million gift from June and Fred Kummer will create new scholarships and fellowships for students, new research centers, a new school focused on innovation and entrepreneurship, and new economic development and outreach opportunities. Photo by Terry Barner/Missouri S&T

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.

Read more

Share this page

mm
Posted by

On October 12, 2020. Posted in Announcements