The following article is an edited version of a story (full story here) that appeared in this morning's Minneapolis Star Tribune: Lee & Penny Anderson live a portion of the year in Duluth and are members of Northland Country Club. The Andersons are shown in the photo at the right which was taken during the recent grand opening of the new clubhouse at Northland.
Lee and Penny Anderson have given the largest-known private gift ever made to a state college or university in Minnesota.
By Randy Furst, Star Tribune
The University of St. Thomas announced Wednesday the largest fund drive in its 122-year history, with the acceptance of a $60 million gift that is the largest-known contribution ever made to a Minnesota college or university.The gift by Lee and Penny Anderson will be used for a new student center and improvements to athletic and recreational facilities.
The donation, part of a $500 million eight-year fund drive, reflects the stunning growth and increasing financial muscle of the St. Paul-based university, which boasts 10,712 undergraduate and graduate students. Its annual budget is $164.6 million.
Lee Anderson is owner and chairman of APi Group Inc., a Roseville-based holding corporation that has some 30 subsidiary firms involved in construction, manufacturing and fire protection. He sits on the St. Thomas board of trustees.
His wife, Penny, is a community volunteer who serves as a trustee on the boards of the Naples Children's and Education Foundation and the Naples Winter Wine Festival, both in Florida.
At a news conference on Wednesday, Anderson said some of the $60 million had been donated and the rest pledged, but declined to disclose those amounts.
St. Thomas announced Wednesday that it has raised $310 million in gifts and pledges so far in the "quiet phase" of the campaign. The amount raised so far is the most in a capital campaign by a private university or college in Minnesota, the school said.
"We have come to love the University of St. Thomas," Lee Anderson said Wednesday. "Its mission, the sense of spirituality, the traditions and most of all its dedicated faculty, administration, fellow trustees and students have caused us to think about what we wanted to leave as our legacy to higher education in Minnesota.
"We especially have been influenced by the character of the students," his wife added.
The title of the fundraising campaign is "Opening Doors," and St. Thomas says its single largest priority is $130 million for financial aid to students.
"This campaign will advance St. Thomas to a whole new level of access and excellence," the Rev. Dennis Dease, the university's president, said in a statement.
Lee Anderson's company, APi, has annual revenue of $770 million and operates 80 offices internationally, according to the Minneapolis St. Paul Business Journal's 2006 Fact Book. APi has 5,000 employees, including 1,200 in Minnesota.
Penny Anderson said she had attended Minnesota State University, Mankato, for one year. Lee Anderson, a three-sport star at Breck School, is a 1961 graduate of West Point Military Academy where he was an All-East selection as a forward on the basketball team.
This story (click here) was in this morning's Duluth News Tribune.