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FOR IMMEDIATE RELEASE
Contact: Marisa Bilicic
November 20, 2003
814-676-6591 Ext. 1215
Clarion University Foundation, Inc. Receives $1
Million
To Develop Two Student Apartment Buildings at
Clarion University–Venango Campus
OIL CITY, PA – Three
donors have committed a total of $1 million that will be used to construct two
new student apartment buildings on land adjacent to Clarion University–Venango
Campus. The Edward V. & Jessie L. Peters Charitable Trust is providing a
$500,000 gift that will fund a two-story building. The Elizabeth S. Black
Charitable Trust has committed $250,000 to match a second gift of $250,000 from
an anonymous donor that will fund a second two-story building. The gifts were
made to the Clarion University Foundation, Inc. which will develop the
buildings.
“We are enormously
grateful for the generous gifts provided by these local trusts and our anonymous
donor. This project will open the door to the next level of growth and
development for Venango Campus and its mission to serve our community,” said Dr.
Christopher M. Reber, executive dean of Clarion University–Venango Campus. “The
student apartment project will serve thousands of future students in a growing
array of academic programs and inspire the creation of new programs and services
that will further address the needs and interests of the region.”
The Clarion
University Foundation, Inc. plans to construct seven attractive, upscale
apartment buildings on approximately two and one-half acres of land directly
across the street from the Venango Campus on West First Street. It is hoped that
the first two buildings, and possibly a third, will be finished and occupied by
fall 2004. Each of the two-story apartment buildings for which funds have been
committed will house 16 students in four apartments. Students will have a
private bedroom and a semi-private bathroom and will share kitchen facilities
and living and dining areas with the three other residents in their apartment.
The complex, when complete, will include a mix of two- and three-story
buildings. Net income from the buildings will be used for the long-term growth
and development of the Venango Campus in its mission of service to the region.
"We have
been supportive of Clarion University–Venango Campus in the past and are very
excited about this wonderful endeavor,” said Mike and Joyce Hughes, trustees of
the Edward V. & Jessie L. Peters Charitable Trust. “Our son attended the Venango
Campus and enjoyed the smaller campus atmosphere before going on to the
Clarion campus. We believe this new growth at the campus will be a great
asset to the university and its staff and students and will enhance our
community greatly."
When fully
completed, the seven student apartment buildings will house approximately 136
students, allowing for a significant increase in enrollment to the nearly 700
students that currently take classes on the campus. First priority for housing
will be reserved for full-time students from outside of commuting distance of
the campus. This growth will open the door to the
development of future academic programs that provide
outstanding career opportunities
for people in this region, but require a mix of students from inside and outside
of the area in order to make such programs financially viable.
“This is the first
gift distributed from the Elizabeth S. Black Charitable Trust,” said Stephen P.
Kosak of Kosak and Associates, administrator for the trust. “We’re extremely
pleased to be able to support such a worthwhile project that will have a
significant impact on our community in the years ahead.”
Each two-story
apartment building will comprise approximately 5,200 square feet of space. In
addition to the apartment buildings, the Clarion University Foundation plans to
develop recreational and parking facilities so that the campus’ future housing
area will be an appealing and accessible living-learning environment for the
students who reside there.
The Clarion
University Foundation, Inc., organized in 1969, is a not-for-profit corporation.
The Foundation was formed to promote educational purposes in connection with or
at the request of Clarion University. It is the organization designated to
receive and manage private sector gifts provided for the support of the
activities and programs of the University. Such gifts are generated through
contributions from alumni, faculty and staff, business and industry, retired
faculty members, and other friends of Clarion University.
Clarion University–Venango Campus provides
high-quality educational programs and personalized services to help students
succeed. Students can earn an associate degree, a bachelor’s or master’s degree
in select areas, obtain a one-year certificate or participate in a variety of
professional development and personal enrichment courses. Clarion
University–Venango Campus is committed to serving the needs of the community.
Special programs offered at the campus include Kids in College, Jump Start and
SeniorLink.
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