Trinity International University (TIU) has received the largest single gift in its history, estimated at $30 million.
The gift is from one donor family, who wish to remain anonymous, and has two funding sources: The first is a large amount of publically traded, restricted stock that cannot be sold until 2012. Its final value will be determined at the time of the sale. The second funding source is a cash gift, the first installment of which Trinity received the week of October 2.
According to TIU President Craig Williford, the size of this gift shows confidence in the University and its ability to impact multiple generations of leaders across the globe. It positions TIU to make progress on its commitment to integrate the gospel of Jesus Christ with an academically excellent education—one that is comprehensive, couched in community, Christ-centered, connected to the church, and engaged with culture.
The donors have restricted the gift to include endowed funding for scholarships, two academic chairs (for leadership in Christian education and for mission and global theology), capital projects, strategic investments in academic programs, and a one-time employee appreciation gift.
“This generous gift is strategically designed to position Trinity for the future and to honor the personal commitment of those working hard to fulfill the university’s mission—to educate men and women to engage in his redemptive work in the world by cultivating academic excellence, Christian faithfulness, and lifelong learning,” said President Williford.
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