AP

Small Kansas college announces $500 million anonymous gift

Nov 4, 2022, 1:26 AM | Updated: 1:27 pm

MCPHERSON, Kan. (AP) — An anonymous donor is pledging up to $500 million to McPherson College, a small liberal arts college in central Kansas, officials announced Friday.

The anonymous donor will match match every financial gift to McPherson College two to one up to $500 million. The college has until June 30 to raise $250 million. If it does, the school will receive the donor’s entire $500 million, for a total of $750 million.

The announcement comes just months after California philanthropist couple Melanie and Richard Lundquist announced they were giving $25 million to the school, which has about 800 students.

Melanie Lundquist said during Friday’s announcement that they would raise their donation to the school’s Building Community Campaign to $50 million.

With the donations and commitments already raised, plus the Lundquists’ $50 million, McPherson College has already raised $130 million of the $250 million needed.

McPherson College President Michael Schneider said the donations will be used to fund a project that provides matching funds for students who hold jobs while attending school, and a new campus master plan.

It will also fund a Kansas Center for Rural & Community Health Science and a National Center for the Future of Engineering, Design & Mobility.

McPherson College offers more than 30 undergraduate degree programs.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

AP

Photo: A delegate wears a hat with pins during the Republican National Convention Monday, July 15, ...

Christine Fernando, Steve People and Jill Colvin, The Associated Press

Rep. Walsh speaks for Washington as cheering GOP delegates nominate Trump for president

Cheering GOP delegates formally nominated Donald Trump for president at Monday's Republican National Convention kickoff.

4 days ago

Photo: Sen. J.D. Vance, R-Ohio, right, points toward Republican presidential candidate former Presi...

Jill Colvin, Julie Carr Smyth, Steve Peoples and Zeke Miller, The Associated Press

Trump picks Sen. JD Vance of Ohio, a once-fierce critic turned loyal ally, as his GOP running mate

Donald Trump named Sen. JD Vance of Ohio as his running mate, choosing a onetime critic who became a loyal ally.

4 days ago

trump assassination...

Ayanna Alexander, The Associated Press

What to know about Trump assassination attempt and the investigation into the shooting

Authorities want to know how a shooter was able to get on top of a roof so close to where former President Donald Trump was speaking and open fire.

4 days ago

Photo: Republican presidential candidate former President Donald Trump is surrounded by U.S. Secret...

Julie Carr Smyth, Jill Colvin, Colleen Long, Michael Balsamo, Eric Tucker and Michelle L. Price, The Associated Press

Trump heads to convention as authorities investigate motive, security in assassination attempt

Trump called for unity and resilience after an attempt on his life added fresh uncertainty to an already tumultuous presidential campaign.

5 days ago

Photo: President Joe Biden speaks from the Roosevelt Room of the White House in Washington, Sunday,...

Will Weissert and Zeke Miller, The Associated Press

In primetime address, Biden says country must not go down road of political violence

President Joe Biden says “we can’t, we must not go down” the road of political violence in America after the attempted Trump assassination.

5 days ago

Photo: President Joe Biden speaks at a news conference following the NATO Summit in Washington, Thu...

Zeke Miller, Seung Min Kim, Lisa Mascaro and Colleen Long, The Associated Press

Biden says during news conference he’s going to ‘complete the job’ despite calls to bow out

Biden used his highly anticipated news conference to deliver a defense of his policies and batted away questions about his ability to serve.

8 days ago

Small Kansas college announces $500 million anonymous gift