WEST LAFAYETTE, Ind. – The Purdue University College of Agriculture has received an anonymous estate gift valued at $65 million in today’s dollars, the largest donation from individuals in the university’s history.

“This gift is a tremendous vote of confidence for all of Purdue and our College of Agriculture,” Purdue President Mitch Daniels said. “Their generosity will enhance Purdue Agriculture’s ability to educate future generations of food and agricultural leaders and scientists, make the discoveries that improve and save lives, and ensure those discoveries make it into the hands of the people who need them.”

Jay Akridge, Glenn W. Sample Dean of Agriculture, said, “This is truly a transformational gift, which will dramatically enhance our ability to make a difference for the people of Indiana, our country and the world.”

Akridge said the donors want to remain anonymous and provided the college flexibility in how it will use the money.

“Their wishes are that this future funding be used in the best possible way to build on Purdue Agriculture’s tradition of excellence and to ensure that we enhance that excellence in all we do going forward,” he said.

“This donor will make an incredible investment in Purdue Agriculture because they believe in our ability, both today and in the future, to deliver on a research, education and Extension mission that addresses our most pressing real-world problems with real-world solutions.”

Lisa Calvert, Purdue vice president for development, said the gift also was an endorsement in the leadership of the university. “The donors made the gift in support of Mitch Daniels in his new role as president,” she said. “Since the announcement of a new administration in June, there has been an increase in broad base support, including the total number of donors and dollars raised, resulting in a new energy in philanthropy.”

Purdue officials also announced that $22 million in gifts and university matching funds has created 13 new endowed professorships as part of the Faculty Excellence Challenge Match launched last year. The professorships are vital to recruiting and retaining top faculty.

Source: Inside INdiana Business