Klipsch: $12M Marian Gift About Better Teachers

Posted: Updated:
The Educators College at Marian will now bear Fred Klipsch's name. The Educators College at Marian will now bear Fred Klipsch's name.
INDIANAPOLIS -

Marian University's now-public, $250 million fundraising campaign has received a big boost. Fred Klipsch, the former owner of Indianapolis-based Klipsch Audio Technologies, and his wife Judy have donated $12 million to the university's Educators College. President Dan Elsener calls the gift "a key moment in our history at Marian University." During an interview with Inside INdiana Business Television, Klipsch said the contribution will help continue his commitment to education reform and building a better pipeline of teaching talent.

The Educators College, which launched a year ago, will now bear Fred's name and will establish the Judy L. Klipsch Angel Educators Scholarship for disadvantaged students looking to become teachers. "I doubt that anyone who has been successful can say they have not been impacted by teachers. Too many schools of education at other campuses are not as effective as they should be, and Marian’s new agenda is about producing better teachers and better leaders," he said. "And, they are going to accomplish that goal."

The campaign at Marian is aiming to raise $150 million by 2021 and the remaining $100 million by 2025. Klipsch, who serves on the university's Board of Trustees, told Inside INdiana Business Multimedia Journalist Mary-Rachel Redman "I have concern about every child, regardless of where they live or what their parents' income is, having access to a really good education. And I've been working hard for a long time trying to facilitate that in Indiana and at this stage in my life -- I sold my company in 2011, the Klipsch speaker company -- as I think about where I want the resources I've accumulated to go, what Marian and Dan Elsener, in particular, are doing with their Educators College is really special."

Dean Kenneth Britt says the gift will help the college be one of the "best developers of educational talent in the country." Elsener agrees, saying the support will make Marian University and Indianapolis "the envy of many great cities around the country, because of what it will mean for other people."

During the silent phase of Marian's fundraising campaign, the school says it has raised more than $90 million.

Watch the full interview:

  • Perspectives

    • We’re Having the Wrong Conversations About Safety

      Every time there’s a shooting at a school or a workplace, the arguments begin. We need more police officers stationed in the buildings. We need to arm teachers or encourage employees to carry handguns. We should invest in smokescreen systems or bulletproof partitions. Everyone should hide from the shooter. Everyone should run from the shooter. Everyone should confront the shooter. It’s healthy that we’re discussing safety, but unfortunately, we’re talking...

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Forbes Ranks Top Colleges; 3 Indiana Schools Make the Cut

      Forbes released its 12th annual ranking of America’s Top Colleges based on direct benefits a university or college provides its students. Several Indiana universities made the list in some “sub-categories”, like Grateful Graduates Index, but the University of Notre Dame was the only school in the state to break the top 20 overall rankings.

    • West Lafayette Center Breaks Ground

      West Lafayette city officials this week broke ground on the $31.5 million West Lafayette Wellness and Aquatic Center at Cumberland Park. Plans for the 72,000-square-foot project feature a natatorium, three gymnasiums, exercise machines, free weights and community rooms. 

    • Butler Unveils New Building for Lacy School

      The president of Butler University says the new building for the Lacy School of Business will create better engagement for students and faculty. The university unveiled the building Wednesday on the Indianapolis campus. James Danko says the new facility adds five times the classroom space and square footage for the school, which previously didn't have enough space for half of its classes. In an interview with Inside INdiana Business Reporter Mary-Rachel Redman, Danko called...

    • Caito Foods was founded in 1965.

      Caito Foods to Cut Jobs

      Michigan-based SpartanNash (Nasdaq: SPTN) has decided to discontinue the Indianapolis-based Caito Fresh Kitchen operations. The grocery retailer-distributor acquired Caito Foods Service in January 2017 for $217 million. The company broke ground on its $32 million fresh kitchen process facility in 2015. 

    • Photo courtesy of Portillo's

      Portillo's to Open Fort Wayne Location

      Portillo's Restaurant has announced it will open a new 7,800-square-foot restaurant in Fort Wayne. The location will be near the Glenbrook Square Mall and is slated to open in late 2019.