A $10 million gift from an anonymous benefactor will help Marquette University build a new residence at the center of campus for its community of Jesuit priests and boost need-based scholarships for students, Father Robert A. Wild, the university's interim president, announced Monday.Read more from Journal Sentinel: http://www.jsonline.com/news/topstories/marquette-university-gets-anonymous-10-million-gift-b99192370z1-242228701.html#ixzz2riUeKPS7
Wild said $7.5 million of the gift would be used toward a new Jesuit Residence one block north of the existing building.
The project, which will cost a total of $15 million, also will allow the university to renovate the center of campus with more green space and less surface parking after the existing Jesuit Residence is eventually torn down.
The project will be financed entirely from donations.
The new building will be built in the 1400 block of W. Wells St., flanked by the Alumni Memorial Union and Schroeder Hall.
Construction is to begin after another $7.5 million is raised.
The remaining $2.5 million of the anonymous gift will be dedicated to need-based scholarships, a key priority identified in the university's strategic plan unveiled last May, according to Wild, who shared the news Monday in a letter to faculty and staff.
Follow us: @JournalSentinel on Twitter
Photo
No comments:
Post a Comment