BOZEMAN, Mont. — Montana State University alumnus and Colorado businessman Jake Jabs is making a $25 million donation to MSU’s College of Business.
MSU officials say it’s the largest private gift in the history of Montana’s higher education system.
“Thanks to his generosity, Mr. Jabs’ visionary gift will benefit generations of students to come,” MSU President Waded Cruzado said Friday.
Cruzado said she will seek approval from the Board of Regents and lawmakers to construct a new building for the College of Business.
If approved, ground could be broken on the estimated $18 million to $20 million building in the spring of 2013 with completion in 2015.
Last year, Jabs, who is 80, made a $3 million gift to the College of Business for the Jake Jabs Center for Entrepreneurship for the New West.
Denver Post staff and wire reports
