Caterpillar Decatur's General Manager Walt Hupe (center), presents a $1 million check from the Caterpillar Foundation to Millikin University in support of creating a new Center for International Education on campus. Accepting the check is Millikin's President Harold Jeffcoat, and Vice President for Alumni and Development Peg Smith Luy '75.
As a part of the Caterpillar Foundation's previously announced investment in Millikin University, Wednesday, Feb. 22, 2012, marked another momentous occasion as the Caterpillar Foundation made its second payment of $1 million to Millikin University. This investment is part of the Caterpillar Foundation's $7 million grant made in 2011. Presented by Caterpillar Decatur's General Manager Walt Hupe, this investment will help to create a new Center for International Education on the university's campus.
One year ago, Caterpillar Inc. Chairman and CEO, Doug Oberhelman, a 1975 Millikin graduate, announced an investment of up to $11.5 million toward the capital campaign. This investment is the largest show of support in Millikin's history.
The investment, made both by the Caterpillar Foundation and personally by Doug Oberhelman and his wife, Diane, will support creation of a new university center that will house the Oberhelman Leadership Development Center, help renovate Millikin's oldest residence hall to create a Center for International Education and double the number of students supported by the university's Long-Vanderburg Scholars Program for minority students.
The $1 million donation recently received by Millikin will give Aston Hall, the university's oldest residence hall, new life as a Center for International Education. The Caterpillar Foundation has committed a total of $3 million to help renovate and develop the new center, which will provide housing for international students and serve as a home for multicultural affairs staff, international programs, study abroad and global awareness.
"We are extremely grateful for ongoing support of Caterpillar and the Oberhelmans," said Millikin President, Harold Jeffcoat. "This new center will serve a vital role in enhancing a critical area of our university mission - to prepare our students to be confident, inspired global citizens by providing expanded opportunities for leadership development and international education. The Center for International Education will serve as a hub for all things related to the international experience - both for students coming here from other countries and for Millikin students who seek to study abroad."
Millikin's partnership with Caterpillar extends back nearly six decades to 1955 when the company made its first investment in the university.