The grant will pay for building projects and financial aid for students, including continuing the foundation’s history of support for hockey scholarships and El Pomar Scholars.
The gift comes just as Colorado College announces the public phase of a $300 million fundraising campaign to pay for financial aid and international study for students as well as a “next-generation campus,” which includes the Cornerstone Arts Center that’s under construction, a health and fitness center, and library facilities.
With the El Pomar gift, the college’s Vision 2010 campaign, which began in 2004, has raised $125.5 million.
El Pomar Foundation Chairman and Chief Executive Officer William J. Hybl said the gift illustrates the foundation’s recognition of the numerous ways in which Colorado College contributes to the City of Colorado Springs and the state as a whole.
From a first gift of $3,000 in 1938 for operating money to today’s $10 million grant, CC has received 144 gifts from El Pomar, totaling $39.6 million during the foundation’s 70-year history.