FOR IMMEDIATE RELEASE                                                                             July 26, 2005

TSU receives largest individual gift
in school history

Former first lady leaves $3 million estate to University

 

            ANGOLA, Ind. –   Tri-State University has received its largest gift in school history.  Former Tri-State College first lady Maxine Bateman Kolb, widow of former TSC President Richard M. Bateman, died unexpectedly in April leaving her estate—worth more than $3 million—to the institution she left 30 years ago. She and her husband served as president and first lady from 1960 to 1975.

 

            “Many individuals remember and appreciate the service she and her first husband gave to Tri-State, and we are indebted to them for their loyalty and thoughtfulness,” said Dr. Earl D. Brooks II, president of Tri-State University.  “This seven-figure bequest helps us continue to enhance our campus and to invest in the future of our students.”

              After the death of Dr. Bateman, Mrs. Bateman married Joseph Kolb (TSC Class of 1935). Mrs. Kolb continued to support the school financially as did her second husband, Joseph. 

                        The gift was received at an ideal time for TSU.  The Lilly Endowment announced its second phase of a fundraising initiative.  During the fundraising initiative, the Lilly Endowment will match $1.50 for every $1 TSU receives from its supporters, up to $3 million.  Through the initiative, Mrs. Bateman Kolb’s gift will be matched with an additional $1.125 million.

 

Tri-State University is a private, independent, co-educational institution offering associate, baccalaureate and master degrees in over 40 programs to students in engineering, mathematics, science, computer science, business administration, teacher education, communications, criminal justice and social sciences. Founded in 1884, Tri-State today operates a 400-acre main campus in Angola, IN, with off-campus centers in Fort Wayne, South Bend and Merrillville, IN.

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Laura WaltzCommunication Specialist
Tri-State
University
1 University Avenue
Angola, IN 46703
Phone: 260.665.4133
Fax: 260.665.4830
waltzl@tristate.edu