Plans for gift still pending
VERSAILLES, Ky. (Nov. 14, 2016) — Midway University has received a $2 million gift from the family of long-time trustee Jan Hunter. Hunter, who announced the decision at the November Board of Trustees meeting, said it will be distributed over the next two years.
“This gift is coming at a great time, said Dr. John P. Marsden, President, Midway University. “The university has been given a unique opportunity to grow our undergraduate population now that we have transitioned to full co-education. This move, spurred along rapidly by the closing of St. Catharine College earlier this year, lead to a record incoming class for fall 2016 and has translated into explosive growth of our athletics program. If now isn’t the opportunity to invest in the institution and support it in this time of growth, then when will be the opportunity?”
Specific plans on how the funds will be used will be developed by the university’s leadership team and the board over the next few months.
“Our residence halls need some updates so we can remain competitive and we will need to begin looking at how we can grow our residential capacity,” Marsden said. “Additionally, we have gone from supporting 92 student-athletes in eight competitive sports to 260 student-athletes in 14 sports and have just announced three additional sports for the 2017-18 academic year – men’s tennis, men’s cross country and co-ed cheerleading.”