NDSU Foundation Receives $75 Million Donation
FARGO, N.D. – The NDSU Foundation gets its largest single donation ever: a $75 million donation by Robert and Sheila Challey.
It’s part of the foundation’s In Our Hands campaign.
It hopes to raise $165 million for scholarships, $55 million in professor stipends and $90 million for facilities and upgrades.
The scholarship money would expand the amount of undergraduate music department scholarships to 100.
“What started as a slow quiet drum roll will end today in a cannon like crescendo celebrating NDSU’s capacity to serve it’s citizenry better than we ever have before, better than we ever even imagined,” NDSU President Dean Bresciani said.
More than $308 million of the university’s $400 million dollar goal has been raised.