Bethany gets $1 million grant
Bethany College announced Feb. 13 the Mabee Foundation, established in 1948, has agreed to fund $1,000,000 in upcoming renovations totaling $7,500,000 in Warner Hall, Gregory Hall and Wallerstedt Social Science Building.
“We are thankful for the Mabee Foundation’s dedication to these brick and mortar projects necessary to frame our students’ college experience," said Dr. Elizabeth Mauch, Bethany College President.. "We especially value the opportunity to establish a stronger base of support for long-term financial health created by the Mabee challenge.”
In order to receive these funds, the Mabee Foundation has challenged Bethany to raise an additional $1,455,259 by January 2022. Mabee, focused on capital expenditures, requires grant recipients to raise 40% of the cost of the total project through public donors in exchange for the funds. Bethany has already raised nearly two-thirds of the $7,500,000.
This isn’t the first time the Mabee foundation has supported projects on campus. Some other projects Mabee helped fund were the addition to the Wallerstedt Social Science building in 1983, the installation of air conditioning in Presser Hall in the late 90’s and in 2012 for the Bud Pearson Chapel and Mabee Welcome Center and in the late 90’s for the installation of air conditioning in Presser Hall in the late 90’s.