Gift to Fund Amphitheater, Boost IU Kelley

Posted: Updated:
The school says Prebys' gift, which will fund efforts including a new amphitheater, will be administered by the IU Foundation. The school says Prebys' gift, which will fund efforts including a new amphitheater, will be administered by the IU Foundation.
BLOOMINGTON -

A $20 million gift from an Indiana University graduate and developer will help IU's Kelley School of Business attract and retain teaching talent and fund a new amphitheater on the Bloomington campus. The donation from California-based Progress Construction and Management President Conrad Prebys is part of the "For All: The Indiana University Bicentennial Campaign," which is aiming to raise $2.5 billion.

The South Bend native graduated from the school in 1955 with a bachelor's in general management. He started his company in the mid-1960s. Progress now owns over 80 apartment complexes and self-storage facilities in California.

IU President Michael McRobbie calls the gift "transformational" and says "his wonderful donation will enable us to enhance career placement activities at the Kelley School of Business that corporate recruiters already rank No. 1 in the nation and provide our student artists and performers with a new type of performance venue in which to showcase their outstanding talents."

From the donation, the school will launch the Conrad Prebys Endowed Faculty Program, which will endow four professorships and a chair and support more than 30 undergraduates from underrepresented populations. It will also fund improvements to the Kelly School's career services facilities and a new 1,700 square-foot executive meeting room at Hodge Hall.

The new outdoor amphitheater will be located between Bryan House and Ballantine Hall. It will be used for summer performances from the Jacobs School of Music, the Department of Theatre, Drama and Contemporary Dance, visiting artists and other university events.

Prebys says "I love Indiana University, the beautiful Bloomington campus, and it's exciting to be able to make this gift to the university. I am very proud to help the Kelley School build on its strong foundation and further its profound promise to students and their futures."

  • Perspectives

    • Benefits Of The 'Somewhere Between 4-40 Hour' Work Week

      Burnout. Retirement. Altered work schedules--so many conversations about this of late. Tim Ferriss of course has his 4-hour work week. If you haven't read the book, (I'd be shocked if you haven't by now), it's worth a quick read. However, as much as it's lovely to consider, I don't really think a 4-hour work week is feasible for most of us--unless we are an ex-POTUS, Brad Pitt or Tim Ferriss. On the other end of the spectrum, we have the 40-hour (or more) work week.

    More

Events



  • Most Popular Stories

    • Benefits Of The 'Somewhere Between 4-40 Hour' Work Week

      Burnout. Retirement. Altered work schedules--so many conversations about this of late. Tim Ferriss of course has his 4-hour work week. If you haven't read the book, (I'd be shocked if you haven't by now), it's worth a quick read. However, as much as it's lovely to consider, I don't really think a 4-hour work week is feasible for most of us--unless we are an ex-POTUS, Brad Pitt or Tim Ferriss. On the other end of the spectrum, we have the 40-hour (or more) work week.

    • Fishers Sports Complex Moves Forward

      The Fishers City Council has approved the development of a more than 500,000 square-foot sports complex. Our partners at WTHR-TV report construction on the nearly $75 million project could begin as early as this fall. The Fishers Sports & Entertainment Complex is set to be located near the intersection of 136th Street and Olio Road. 

    • 'Unprecedented' Growth Drives Jayco Expansion

      Jayco Inc. has announced what it calls a new "mega-facility" planned at its Middlebury campus. The recreational vehicle manufacturer says the 237,000 square-foot operation will create approximately 300 jobs. Officials expect to break ground late next month. The new facility will house two additional Jay Flight travel trailer lines and help boost efficiency for other brands. Jayco was acquired in late 2016 by Elkhart-based Thor Industries (NYSE: THO) for $576 million.

    • Sun King Unveils Carmel Distillery Details

      Sun King Brewing Co.'s co-founder and head brewer says, if weather cooperates, its $4 million distillery in Carmel could open in April. Dave Colt says the facility will use a 250-gallon still to craft spirits including artisan moonshine, gin and rum. The distillery will also feature four food vendors, which the brewery says will be announced later. Colt says Carmel has invested a lot of time and money to "enhance our front door," which overlooks the...

    • Collective Alternative Hires Misencik as Director

      Indianapolis-based Collective Alternative, a full-service marketing, advertising and public relations firm, has hired Nicole Misencik as director of client services. She previously worked for nine years as a meteorologist at WTHR-TV in Indianapolis.