Wow! ISU Foundation announces $93M donation

[BoxsterCy]

Anonymous donor couple. Wow.

AMES, Iowa – Iowa State University announces a gift expected to transform key academic programs at the university. The donation is an equity stake representing majority ownership of Curriculum Associates, LLC, an education company headquartered in Billerica, Massachusetts, to the Iowa State University Foundation.

The gift is currently valued at approximately $93 million, making it one of the largest in Iowa State’s history. The majority interest is being donated under a structure similar to nonvoting shares of stock. It is expected that the equity interest will be sold through a management-led sale of the company that will be directed by Curriculum Associates’ second largest equity holder, CEO Rob Waldron. The final valuation of this tremendous gift will depend on market considerations at the time the sale occurs.

http://www.foundation.iastate.edu/s...6856&ecid=6856&crid=0&calpgid=451&calcid=1843

 

[ianoconnor]

The connection to ISU is the founder of the company - Frank Ferguson. BS in Science Journalism in 1950.

http://www.bloomberg.com/research/stocks/private/person.asp?personId=21908144&privcapId=6686246

 

[isufbcurt]

hmm looks like I need to step up and top that.

If anyone is interested I am taking donations to donate to ISU in my name

 

[throwittoblythe]

You're welcome.

 

[Cycsk]

The connection to ISU is the founder of the company - Frank Ferguson. BS in Science Journalism in 1950.

http://www.bloomberg.com/research/stocks/private/person.asp?personId=21908144&privcapId=6686246

I always think it is funny when someone says they have a BS degree!

 

[jkclone]

The connection to ISU is the founder of the company - Frank Ferguson. BS in Science Journalism in 1950.

http://www.bloomberg.com/research/stocks/private/person.asp?personId=21908144&privcapId=6686246

Anonymous donor couple. Wow.



http://www.foundation.iastate.edu/s...6856&ecid=6856&crid=0&calpgid=451&calcid=1843

Not sure how they really expected to be anonymous. If you donate equity in a small company that doesn't have a significant Iowa State presence it will be easy to figure out.

 

[BoxsterCy]

Not sure how they really expected to be anonymous. If you donate equity in a small company that doesn't have a significant Iowa State presence it will be easy to figure out.

The difference is not wanting all sorts of official recognition etc and awards and pontificating that goes with some of that. Some people like to be a low key and are doing it because they love a cause and have the means to assist while others want to spout off about how they gave $xx to such and such and want to be "loved" to death for it.

 

[cyclonespiker33]

Did Leath fly to meet with Ferguson?

 

[GTO]

Let's wait until the check clears before we can celebrate. Should have cashed it immediately at one of those payday loan places.

 

[Farnsworth]

The difference is not wanting all sorts of official recognition etc and awards and pontificating that goes with some of that. Some people like to be a low key and are doing it because they love a cause and have the means to assist while others want to spout off about how they gave $xx to such and such and want to be "loved" to death for it.

What did the Bergstroms do to you? Their son take your walk on spot on the bball team?

 

[nfrine]

That ought to get someone sideline seats.

 

[mdk2isu]

That ought to get someone box seats.

FIFY

 

[jkclone]

The difference is not wanting all sorts of official recognition etc and awards and pontificating that goes with some of that. Some people like to be a low key and are doing it because they love a cause and have the means to assist while others want to spout off about how they gave $xx to such and such and want to be "loved" to death for it.

Anonymous isn't realy the right word though.

 

[johnstoncy]

Did Leath fly to meet with Ferguson?

If so it was well worth it!

 

[NickTheGreat]

The difference is not wanting all sorts of official recognition etc and awards and pontificating that goes with some of that. Some people like to be a low key and are doing it because they love a cause and have the means to assist while others want to spout off about how they gave $xx to such and such and want to be "loved" to death for it.

That's what I do. No one knows the millions I've sent to ISU

 

[CysRage]

God bless those donors. Now the Iowa legislature needs to grow a pair and make the state funding fair. Unbelievable that the state funding per ISU in state student has decreased several thousand per year while the enrollment increases. Chicago Western U is making it as difficult as possible for the change since they benefiting greatly from the current system.

 

[BoxsterCy]

That's what I do. No one knows the millions I've sent to ISU

QFT. Same reason there is no BoxsterCy Hall.

 

[nfrine]

Did Leath fly to meet with Ferguson?

The Foundation is looking for a new plane as we speak.