San Diego State University announced its largest single gift in school history with a $20 million donation from Conrad Prebys. The funds will create scholarships for 150 students annually, and, in recognition of the gift, SDSU has named the newly-opened student union the Conrad Presbys Aztec Student Union.
The scholarships are earmarked for student veterans, students in biomedical research, the creative and performing arts, the Guardian Scholars program, entrepreneurship, leadership and the SDSU Honors program.
The gift thrusts The Campaign for SDSU past the $465 million mark toward its goal of $500 million. Since it launched in 2007, more than 45,000 donors have contributed to the university’s first-ever comprehensive fundraising campaign. More than $87 million has been raised for student scholarships.
“As one of our most distinguished community leaders, Conrad Prebys has, literally and figuratively, helped build San Diego from the ground up through his real estate development and his philanthropic support of our cultural, educational and medical institutions,” said SDSU President Elliot Hirshman. “The endowed scholarships Conrad is creating will transform our campus, providing support for programs throughout the university. We are deeply grateful for this gift and Conrad's profound commitment to our students and their futures.”
While this gift marks the formal relationship between Prebys and SDSU, the philanthropist has long-standing ties to the university.
“When I started thinking about it, it turns out everyone who works for me went to San Diego State,” Prebys said. “So we’ve been connected for years and years. And I’ve said in a joking manner, we finally made it legal. And so the more I got into it, it was a done deal. I feel so right about it, so very right. I’m proud to be officially connected to San Diego State.”
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