Colorado College has received a $33.5 million bequest from an anonymous living donor, making it the largest single contribution from an individual in the liberal art school’s 147-year history, officials said.
Half of the unrestricted funds will be applied toward future needs of the college, and the other half will benefit the Colorado Springs Fine Arts Center at Colorado College, Molly Bodnar, the campus’ associate vice president and campaign director, said Tuesday.
The money will be released upon the donor’s death, officials said.
The donor made the bequest, showing “gratitude for the powerful impact the college has on its students including our efforts toward antiracism and becoming more accessible,” Mike Edmonds, acting co-president of the college, said in announcing the news.
$500,000 Gift Supports Student Services Center; Honors Mike and Barbara Yalich
Published on February 9, 2021
Standing from left, Mike Edmonds and Bob Ross
with
Barbara Yalich 53 seated
Colorado College has received a $500,000 gift from the Inasmuch Foundation for the Mike and Barbara Yalich Student Services Center. The new student services center will be adjacent to the Ed Robson Arena and will honor the legacy and contributions of alumni
Barbara Neeley Yalich ’53 and her late husband
Milo “Mike” Yalich ’50. The Yalich Center will house the student wellness center, health services and counseling, the bookstore and mail center, as well as an art studio, café, and pub.