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Bank, Belden Supports New IU East Athletic Center

Thursday, August 4, 2016 07:23 PM EDT Updated: Friday, August 5, 2016 09:10 AM EDT
Bank, Belden Supports New IU East Athletic Center (Image courtesy of Indiana University)

Indiana University East has received two gifts totaling $250,000 toward its new Student Events and Activities Center on the Wayne County campus. The support from First Bank Richmond and Belden Inc., one of the city’s largest employers, is part of the school’s $7 million goal related to the system-wide "For All: The Indiana University Bicentennial Campaign."

IU is looking to raise $2.5 billion by December 2019, to coincide with the 200th anniversary of its founding the following year.

Bank Chief Executive Officer Garry Kleer says "education is one of the areas where we focus our philanthropic giving. Projects like the SEC enhance the quality of life for all IU East students and will continue to help attract students from all over the country."

Belden’s research and development team is based in Richmond where the Missouri-headquartered company employs some 700 people. Doug Brenneke, who leads the team, says "a successful IU East is vital for the community, for the area and for business. That’s important to all of us, and we couldn’t be more excited to see the events center come to fruition."

The SEC, which will be the home court for Red Wolves basketball games and volleyball matches as well as campus activities, is set to be dedicated at an August 19th ceremony.

Construction began last year.

Story Continues Below

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