Alumni & Donor Stories
Corporations Investing in Hodge Hall - 05/01/2012
With economic pressures becoming tighter, many corporate partners are deciding to invest their dollars in the Kelley School of Business. As of April 2012, commitments have been made from 3M Company, Altria Group, ArcelorMittal USA, BKD LLP, Emerson, and KPMG LLP. As the Undergraduate Expansion and Renovation Building campaign continues, corporate partners set an example for others to follow.
A $1 million commitment from 3M and its Foundation for a new professional sales and communications lab for students was the first major corporate gift for the $60 million capital campaign. This gift set the bar high for others to follow in transforming the school’s facilities for undergraduate students. 3M has a consistent history of hiring Kelley students and has supported Kelley faculty through annual giving and funding special projects. “3M has been an extraordinary partner with the Kelley School for many years,” said former Dean Dan Smith. “The Sales and Business Communications Lab made possible by 3M will move us forward in preparing students for careers not just in sales, but in all areas of business.”
Altria made a cash gift to the new lab as well, by providing $100,000 to outfit the control room with the latest technology. This gift will enable the purchase of technical equipment, including audio and video recording equipment, camcorders, and microphones.
ArcelorMittal also provided a $300,000 cash donation to name a classroom in the building. Since 2007, ArcelorMittal has provided more than $750,000 in direct support for faculty fellowships, diversity training, scholarships, and academic course and research support. A classroom will also be named for Emerson, to recognize their gift to the campaign and partnership with Kelley.
Through individual and matching gifts from KPMG partners and the KPMG Foundation, a $300,000 pledge was made to name a classroom in the expansion. KPMG’s partnership with Kelley is evident in multiple in many areas with a lifetime giving to Kelley well over $1.5 million with the inclusion of matching gifts from the KPMG Foundation. Similar to the KPMG pledge, BKD partners and matching funds committed a $225,000 pledge shortly after to name the academic advising suite. Deloitte personnel and the Deloitte Foundation also have committed $264,500 to name a classroom on the 4th floor of the Hodge Hall expansion.
“We could not be more thankful for the holistic approach of our strong corporate partners, from funding to training to hiring. They understand the importance and benefit of having multiple touch points throughout Kelley,” says Smith. Private gifts make and important difference in the School’s stability to provide students with a world-class learning experience. Kelley continues to be a leader nationally in large part because of the ongoing support and presence of corporate partners.