In March, the university celebrated its second $1-million gift in support of the Kovalchick Convention and Athletic Complex.
Indiana business leader Ed Bratton, well known and highly respected throughout the region, is the benefactor who made this major contribution. Mr. Bratton understands how the KCAC figures prominently in the future economic vitality of Western Pennsylvania.
Construction on the KCAC officially began in February and continues on schedule for the $53.49-million, 150,000-square-foot facility along Indiana’s Wayne Avenue, adjacent to the university. The KCAC, to be completed in summer 2011, is projected to have a $22-million economic impact on the region during construction and an annual economic impact of $12.5 million in each year of operation.
Mr. Bratton’s gift, along with many others we have received, actively demonstrates a continuing commitment to the growth and vitality of the commonwealth. I mentioned during the KCAC groundbreaking ceremony in November that IUP is very proud to be playing a leadership role in the realization of the KCAC.
The university has a responsibility to be a servant-leader in promoting a brighter future for the region in which IUP resides. This is sometimes referred to as being a “steward of place.” It is exciting to be at a university that prioritizes this special role. Consequently, IUP will continue to forge significant partnerships that reflect and advance our role as a steward of place.
Mr. Bratton’s generous gift reflects the continued resolve of our supporters to assist IUP as the region’s ambassador in accomplishing this mission. Truly, we will all be beneficiaries of the long-term, positive impact of the KCAC, and we thank all of our donors who have made commitments to this important capital project.