Blessings Continue with $4.5 Million Gift to Asbury

Dr. Sandra C. Gray, president at Asbury University, shared with the campus community and board of trustees that the ever-grateful parents of an Asbury alum have donated $4.5 million, the second-largest gift in the school’s history.
A $4.5 million gift to Asbury will help fund student scholarships and the building of Asbury's new Collaborative Learning Center (CLC).

WILMORE, Ky. — Fresh off an announcement that it was ranked one of the top-five schools in the South* for the fifth year in a row — and on the heels of a summer announcement that it received the largest gift commitment in the University’s 125-year history — the administration at Asbury University shared Thursday another way the blessings continue to flow for the institution.

Dr. Sandra C. Gray, president at Asbury University, shared with the campus community and board of trustees that the ever-grateful parents of an Asbury alum have donated $4.5 million, the second-largest gift in the school’s history. In June, Asbury received the largest gift in its history when an AU alum — who requested to remain anonymous — gave $8 million.

“We’re extremely encouraged by the many people who believe in Asbury and the difference it makes in the lives of young people,” said Gray. “Whether it’s alumni, parents or friends of the University, they can see the outcomes of an Asbury education and how this community has a plan, a mission, to prepare young men and women to advance the cause of Christ around the world through faith and excellence in any vocation they choose.”

The $4.5 million gift is the second largest in school history, but the largest ever from parents of an alum. As is emblematic of the humble character of so many whom support the vision and mission of Asbury, those offering this latest generous gift have also asked to remain anonymous.

“Asbury’s vision is bold — and these donors are demonstrating their complete agreement with this vision by giving now and giving later (through their estate plan),” said Charlie Shepard, the Vice President for Institutional Advancement and a 1999 graduate of Asbury. “We continue to be blessed by the many who feel compelled to come alongside us to help Asbury grow and have an even greater impact in the lives of today’s students.”

Shepard said the gift — with $2 million provided over the next five years and $2.5 million fulfilled through an estate provision — will be utilized to help fund student scholarships and the building of Asbury’s new, state-of-the-art Collaborative Learning Center. At an anticipated cost of $25 million, the CLC is anticipated to accommodate 130 students majoring in the natural and allied sciences, 70 students majoring in the quantitative sciences and 400 majoring in business. It is expected to include 10-14 science laboratories, 10-13 classrooms, 20-25 faculty offices and a 300-seat auditorium. Fundraising for the CLC is currently just shy of $9 million toward the $25-million cost.  

Though recently ranked as one of the most affordable Christian universities in America, Asbury does everything in its power to provide its academically excellent and spiritually vital education to as many students as possible and so gifts of this nature are crucial. With the help of gifts such as these, Asbury is able to offer financial aid to 98 percent of its undergraduates students. This significant financial aid is one of the ways Asbury maintains retention and graduation rates several percentage points higher than every public university and nearly all private universities in Kentucky.

Following the historical gift in June, Shepard affirmed how the University’s alumni and friends understand that their philanthropic investments, regardless of the amount, have a significant influence on the students who are striving to impact the world.

“There is no corner of society that Asbury alumni aren’t influencing,” said Shepard. “The fingerprints of Asbury alumni are everywhere, from business, science and education to the church, equine, media and social work. (These gifts) are a vote of confidence to the thousands of alumni spread across the globe that their work is important and valuable to society.”

* — U.S. News & World Report Regional College Rankings

Bookmark and Share