The gift, given quietly to the university, will fund scholarships for students. 4:00 pm, Feb. 2, 2021 ×
Robert and Lucille Stiever (Contributed photos)
WINONA, Minn. We don t know a lot, and that s how Lucille G. Stiever and Robert J. Stiever wanted it.
What we do know is this: St. Mary s University in Winona received a gift of $5 million from the estate of Lucille Stiever. It represents the largest gift in the history of SMU, according to a statement from the university.
The money will go to fund scholarships for students based on need, according to the university. The Stiever estate directed that the funds be used to establish an endowment to fund student scholarships for the undergraduate college in Winona, said Benjamin Murray, executive vice president and CFO at SMU. With an endowment, the funds are invested and the annual earnings are used to fund the donor-restricted purpose in perpetuity. In this case, the annual earnings will fund scholarships.
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A founder of the Black Lives Matter chapter in St. Paul says he resigned over what he described as the organization's lack of interest in supporting Black families and opposition to school choice, calling it "the ugly truth."
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The United States Premier Hockey League held its National Collegiate Development Conference Entry Draft, during which the Twin City Thunder selected six forwards, five defensemen and two goalies as they look towards the 2021-22 season and beyond.
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Joe Skarda Appointed President Of KeyBank Wealth Management
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CLEVELAND, April 28, 2021 /PRNewswire/ KeyCorp (NYSE:KEY) announced that Joe Skarda has joined the bank as president of KeyBank Wealth Management. In this role, Mr. Skarda will be responsible for the development and execution of Key s wealth management business strategy, which includes providing trust and investment management, as well as institutional trust and banking services for individuals, families, business owners and institutions across the wealth spectrum. He will be based in Chicago and report to Victor Alexander, Head of Consumer Banking at Key.