Today, Kansas State University’s College of Business Administration announced the creation of its new Center for Principled Business. The Charles Koch Foundation’s gift of $2.75 million joins donations from other K-State benefactors in support of the new center, which will advance the study of effective practices that foster business leadership innovation and growth for the benefit of society.
The Center for Principled Business will build on the University’s College of Business Administration’s strengths in entrepreneurship, business ethics, and economic education and will inspire and educate the next generation of business leaders.
“As long-time supporters of Kansas State University, we are thrilled to see them build on an already strong faculty and add to their impressive student offerings. This new program is especially exciting in that it will support students studying the ways in which they can create value for their communities as the business leaders of the future.” said Ryan Stowers, Executive Vice President of the Charles Koch Foundation.
“This generous gift, made possible through the leadership of the Charles Koch Foundation and several loyal K-State donors, exemplifies our shared commitment to develop exceptional future business leaders through K-State’s College of Business,” said K-State President Richard Myers. “Their investment in K-State faculty, students and programs will contribute to the success and stature of the College of Business and will help propel K-State toward its mission of becoming a top 50 public research university.”
Read more about the Center for Principled Business here and read a copy of the grant agreement here.