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Marieb Foundation pledges $22.1 million to FGCU to endow instructional technology for health college
Summary
The Marieb Foundation committed $22.1 million to Florida Gulf Coast University over nine years, the largest gift in FGCU history, primarily to establish an endowment for instructional technology in the Marieb College of Health & Human Services. The Foundation expects to announce the gift publicly on Friday.
Trustee Robbie Roepstorff told the Board that the Marieb Foundation committed $22.1 million to FGCU over the next nine years, a gift she called the largest in the university’s history and one targeted largely to instructional technology for the Marieb College of Health & Human Services (MCHHS). "The gift was a testament to the great work of many individuals in the MCHHS and FGCU Foundation," Roepstorff said.
The gift will primarily establish an endowment to support cutting-edge instructional technology in MCHHS; administrators said the formal announcement was planned for the coming Friday. Vice President for University Advancement Kitty Green recognized staff and donors involved in securing the commitment and reported that the Foundation remains near its $32.5 million fiscal-year goal with one month remaining and has set a $38.5 million fundraising target for the coming year.
FGCU Foundation finance figures presented to trustees show a March 31 market value of $162 million for the investment portfolio (fiscal year-to-date return 4.71 percent) and total assets of $218.6 million. Trustees said the gift underscores the Board’s strategic direction and will support student learning, equipment and programmatic needs in health-related disciplines.
No formal Board action was required to accept the pledge on June 10; Foundation leaders and trustees said campaign planning and stewardship details would be finalized ahead of the public announcement.
