PhilanthropyMahlon

Koch Industries, Inc., and the Fred and Mary Koch Foundation Diversity Scholarship Support

PhilanthropyMahlon
Koch Industries, Inc., and the Fred and Mary Koch Foundation Diversity Scholarship Support

Koch Industries, Inc., and the Fred and Mary Koch Foundation have announced a commitment totaling $814,000 to the Kansas State University Office of Diversity. The commitment includes a combined gift of $514,000 to increase enrollment of multicultural students in K-State’s College of Business Administration and College of Engineering and help them succeed in college and beyond. In addition, the company made a $300,000 commitment for future diversity scholarship support.

Koch Industries’ funding will continue its support of K-State’s College of Business Administration’s efforts to promote recruitment, retention, graduation and placement of greater numbers of historically under-represented students. In addition, the company’s commitment will also extend scholarship funding to students in the College of Engineering.

“Koch Industries and the Fred and Mary Koch Foundation’s support is essential to the success of so many students,” said Myra Gordon, K-State associate provost for diversity. “Not all students have the awareness, support and financial means to make college a reality. This is particularly true among many multicultural groups. However, with special partnerships like this one, we have created a sustained effort — called Project IMPACT— that nurtures the talents of multicultural students that will be needed to invigorate the domestic and global workplace.”