Monday January 18, 2016 0 comments
GREELEY -- The Monfort Family Foundation has pledged $4.2 million to continue its support of the University of Northern Colorado’s Kenneth W. Monfort College of Business, its students and faculty, UNC announced.
The pledge supports the Monfort family’s commitment to the memory of Kenny Monfort, the college’s namesake, philanthropist and family patriarch.
“We are excited about the future of the Monfort College of Business, and we hope this gift will show our commitment to UNC and to Colorado,” said Dick Monfort, a 1976 UNC graduate who also serves as chair of UNC’s Board of Trustees.
The donation will be spread over six years and is earmarked for student scholarships, faculty enrichment, competitive opportunities for students and more, UNC said.
“In the years since the Monfort family first invested in the college, it has evolved from being a solid, but little-known college, to becoming nationally and regionally recognized as a leader in business education,” said UNC President Kay Norton.
“The Monforts’ ongoing support has enabled the college to focus on what is most important -- putting students first.”
The Monfort College of Business is the sponsor of the annual Monfort Entrepreneurial Challenge business pitch competition, with the preliminary event set for this Thursday, Jan. 21.