DETROIT, MI (WLNS) – Michigan State University has 15 million reasons to be happy Wednesday night, after MSU alum and CEO of Quicken Loans, Dan Gilbert and his wife, Jennifer, pledged to give $15 million to support students, basketball, and the city of Detroit.
“It’s an honor to be in a position to be able to contribute and help Michigan State University in any way we can,” Gilbert said. “These three areas are really, really important to us, important to the university, and important to Detroit.”
The multi-million dollar donation will help to complete the $50 million renovation of the Breslin Center.
It will also support two MSU programs including the Detroit Scholars Program and the Resource Center for Persons with Disabilities.
“This gift will impact so many people,” MSU Athletic Director, Mark Hollis said. “Obviously the Breslin Center is home to many events well beyond basketball.”
It’s unclear how the money will be divided, but you can’t put a price on paying it forward.
“This gift is enormously powerful for our program and I am so thankful to Dan and Jennifer for making this possible,” Michael Hudson said.
Hudson is the director for the MSU Resource Center for Persons with Disabilities.
“It’s an honor today and we have very bright opportunities in front of us,” Hudson said.
“And so we celebrate that today for the contribution for the campaign which is important, but for being those two land grant scholars that will make this big difference and will never be satisfied about what’s there today, because there’s so much to do for others tomorrow,” MSU President, Lou Anna K. Simon said.
“I just want to thank both of you for helping another one of my dreams, the future of Michigan State University and then the small part, Michigan state athletics,” MSU Basketball Coach, Tom Izzo said. “What you’re doing for people that aren’t as privileged, aren’t as lucky, but they, too will get a chance to live their dreams, so my thing to you and Jennifer is thank you, from the bottom of my heart for helping me live mine.”
The donation is one of the largest in MSU’s Empower Extraordinary campaign, which has raised more than $1 billon since 2011 to support global problem-solving research, endowed faculty positions, enhanced facilities and student opportunities.
It’s the gift that keeps on giving.