Enterprise Gives MU Unrestricted $2 Million Gift
April 25, 2013
The University of Missouri received a sizable gift from Enterprise Holdings on Tuesday morning. The gift will be used to create an endowment to support the Mizzou Advantage Sustainable Energy initiative. Currently, more than 600 MU graduates are employed by Enterprise.
Story by: Mizzou Weekly
Despite the cold spring rain, Chancellor Brady J. Deaton described Tuesday as “a green day for Mizzou.”
Green like the $2 million cash gift from Enterprise Holdings Foundation. Green like the logo of Enterprise Rent-A-Car. And green like the sustainability initiative the gift will fund.
MU will use the rare unrestricted cash gift (more than 97 percent of MU’s endowment is restricted for a specific use or program) to create an endowment to support the Mizzou Advantage Sustainable Energy initiative.
“This gift will advance our mission by funding collaborative and innovative research and educational opportunities,” said Deaton, citing the Interdisciplinary Plant Group, the research reactor, the biomass boiler at the Power Plant and Shibu Jose’s research on sustainable ecology.
“This gift shows how Enterprise recognizes what Mizzou can do and do very well,” Deaton said.
Founded in St. Louis and still headquartered there, Enterprise Holdings has strong ties to Missouri.
With more than 600 graduates working at Enterprise, Mizzou provides the company with more employees than any other higher education institution in the world. See more…