Anderson University Receives $1M Gift
Dunn Hall at Anderson University (photo courtesy of Anderson University)
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowAnderson University has received a $1 million donation from Jay and Nancy Ricker. The university says the donation will be used for upgrades to Dunn Hall and other residence halls on campus.
Jay and Nancy Ricker founded Ricker Oil Co. in 1979 in the Henry County town of Middletown. The couple later moved the headquarters to Anderson.
”Anderson University is honored to receive this gift from Jay and Nancy Ricker as they give back to the Anderson community,” said President John Pistole. “Their generosity and intentionality is inspiring and an encouragement not only to current students, faculty, and staff, but our over 30,000 alumni and those future Ravens who will benefit from their gift.”
The couple sold their business in 2018, which consisted of 57 Ricker properties, and have been focused on philanthropy.
“This extraordinary gift from Jay and Nancy will allow us to add value to the student experience by refreshing our residence halls,” said Jen Hunt, vice president for advancement. “Dunn Hall will be the main focus, since it has gone the longest without renovations, but this gift will also be used for making noticeable improvements to the other residence halls. The appearance and comfort of these facilities have a huge impact on enrollment, retention, and overall student satisfaction, which in turn impacts our ability to grow and sustain the university.”
Dunn Hall houses about 190 men and was the first male dorm on AU’s campus upon its completion in 1954. The dormitory was renovated in 1999.