(MOORHEAD, MINN) – Concordia College has announced that the college’s Offutt School of Business has received its largest gift – and one of the largest ever made to Concordia College itself. The announcement was made Thursday afternoon.
An anonymous donor has given a $20 million gift to the Offutt School of Business. The offering, according to school officials, will ‘significantly enrich the educational experience for students, expand academic programs and solidify the school’s position as a leader in business education.’
“This historic contribution will greatly enhance our capacity to nurture and equip the next generation of business leaders—individuals who will no doubt influence the affairs of the world with passion and purpose,” said President Colin Irvine during a public announcement.
The funds will be used to upgrade teaching facilities, and will sustain newly-launched program, which were spurred by a previous $10 million anonymous contribution that initiated the college’s Invest to Grow campaign. Additionally, the funds will help the college retain and build its faculty, as well as create a new position focused on instructional design and educational innovation.