Missouri S&T is grateful to benefactors June and Fred Kummer, whose gift of $300 million has established The Kummer Institute Foundation.
The Kummer donation is the largest single gift to any public or private university in the state of Missouri.
“For nearly 150 years, Missouri S&T has been known as the state’s premier technological university," says Chancellor Mo Dehghani. "Now, thanks to June and Fred, S&T will have the opportunity to become one of the nation’s leading universities for innovation." (Read the news release)
The four centers of the Kummer Institute leverage academic-industry connections to focus learning and research in areas with economic and industry impact.
The College serves as the academic arm of the Kummer Institute and ensures all students are firmly grounded in innovation and entrepreneurship concepts.
These foundational investment areas will serve as a catalyst for academic and research innovation to attract faculty, students, and industry partners.
The Kummer Institute has the potential to grow Missouri's GDP by $703 million over 10 years, and more than $2 billion over 25 years.