On Oct. 9, 2020, a $300 million donation from June Kummer and her late husband, Fred S. Kummer, a 1955 Missouri S&T graduate, marked the beginning of the transformation of the university, the Rolla region and the state of Missouri. Three years later, the gift’s impact continues.
“The increasing impact of the gift from Fred and June Kummer lies in its ability to create meaningful opportunities across departments, disciplines and demographics,” says Missouri S&T Chancellor Mo Dehghani. “Fred and June wanted their gift to elevate S&T, create broad STEM outreach, and have significant economic impact across the state and nation. In just three years, we have seen a tremendous return on their generous investment.”
The Kummers’ donation remains the largest to any university in Missouri and the fifth-largest to any public institution in the nation, according to The Chronicle of Higher Education. Their gift established the Kummer Institute for Student Success, Research and Economic Development to broadly support economic development in Missouri, partnerships with Missouri manufacturers and state and national funding agencies, and an increase in access to STEM programs for traditionally underserved schools and districts. The acronym STEM stands for science, technology, engineering and math.
The gift continues to create opportunities. Milestones from the third year include:
The university will celebrate these accomplishments during Kummer Day Monday, Oct. 9. Kummer Day concludes with the kickoff of the Startup Challenge at 3:30 p.m. in the Carver-Turner room of the Havener Center. The kickoff is the first in a series of events that will prepare Missouri S&T students to pitch their entrepreneurial business models to a panel of judges from industry, entrepreneurship and entrepreneurship education fields. Teams will compete Nov. 13 for the $5,000 first-place prize. The Startup Challenge is co-sponsored by the Kummer Institute and Career Opportunities and Employer Relations (COER).
About Missouri University of Science and Technology
Missouri University of Science and Technology (Missouri S&T) is a STEM-focused research university of over 7,000 students located in Rolla, Missouri. Part of the four-campus University of Missouri System, Missouri S&T offers over 100 degrees in 40 areas of study and is among the nation’s top public universities for salary impact, according to the Wall Street Journal. For more information about Missouri S&T, visit www.mst.edu.