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| Title | Foundation 3 Couples |
| Digitaization Specification | Master file format: ? bytes, application/doc, Uncompressed, DOC, ; Checksum: ; Adobe Photoshop CS3 |
| Transcript | Office of University Relations SDSM& T News 501 E. St. Joseph Street • Rapid City, SD 57701- 3995 Phone: ( 605) 394- 6082/ 2554 • Fax: ( 605) 394- 6177 FOR IMMEDIATE RELEASE: ( February 18, 1998) GENEROUS LOCAL RESIDENTS DONATE $ 575, 000 GIFT Prominent Rapid City residents Jim & Nancy Christensen and Bill & Lori Reuter, along with another local School of Mines alumni couple, provided a holiday gift to the South Dakota School of Mines & Technology and the Black Hills Children's Home. The three couples donated a commercial building in Rapid City to SDSM& T and the Black Hills Children's Home. The appraised value of their gift is $ 575, 000. Retired consulting engineer and Tech alumnus Jim Christensen ( GenEng ' 57) and wife Nancy donated their ownership position in the building to two charities. Part of their gift is earmarked for an SDSM& T athletic scholarship endowment. The remaining portion of the Christensens' gift is directed to the Black Hills Children's Home. With their portion of the building, Tech alumnus Bill Reuter ( ElecEng ‘ 56) and Lori, his wife, established The William & Loreli Reuter Presidential Scholarship, an endowed fund, to benefit students enrolled at SDSM& T. Bill, who has a Ph. D. degree in electrical engineering, has been Vice President of Operations at Pete Lien & Sons Inc. and recently retired. The third couple, both alumni of the School of Mines, contributed their 50% interest in the building to support the SDSM& T athletic program through the Hardrock Club. The Hardrock Club, which is responsible for athletic fundraising efforts at the university, will use the funds for athletic scholarships and program support. " Support from local friends and alumni is important to the Hardrock Club, as well as the athletic and general scholarship programs, " said SDSM& T President Richard J. Gowen. " This very generous donation will benefit all future generations of students for which we are extremely grateful." " This gift represents an increase of over one- half million dollars in endowed scholarship support to our general student athlete population, " said SDSM& T Foundation President Rod Pappel. " In addition, the generosity and leadership of these three families have provided a tremendous boost to the institution's first- ever National Capital Campaign scheduled to be announced in April." ++ 30++ ( f:\ programs\ dept\ univrel\ pressrele\ 298\ Foundation fax\ stwd) |
| Creator | South Dakota School of Mines and Technology. University Relations; |
| Subject | Scholarships -- South Dakota School of Mines and Technology; |
| Local Subject | South Dakota School of Mines and Technology
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| Digital Publisher | South Dakota School of Mines and Technology. Devereaux Library
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| Date | 1998-02-18 |
| Type | Text |
| Format | application/pdf |
| Language | eng |
| Relation | Is part of Office of University Relations SDSM&T News Collection |
| Rights | The work from which this copy was made did not include a formal copyright notice. This work may be protected by U. S. copyright law (Title 17, United States Code), which governs reproduction, distribution, public display, and other uses of protected works. Uses may be allowed with permission from the copyright holder, if the copyright on the work has expired, or if the use is fair use or within another legal exemption. The user of this work is responsible for compliance with the law. |
| Submitting Institution | Devereaux Library. South Dakota School of Mines and Technology. |
| Date Digital | 2009 |
| CONTENTdm number | 977 |
| CONTENTdm file name | 978.pdf |
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