Once again, State Farm Insurance Co. in Greeley has made a major donation to the Monfort College of Business at the University of Northern Colorado. The $100,000 donation is earmarked for student scholarships and support programs during the 2009-2010 academic year. The company has donated more than $539,000 to the Monfort College of Business since 1991, and an additional $332,000 to other programs at the University of Northern Colorado.
The donation will fund scholarships for more than 30 students and support a variety of programs including: a student competition for the college’s advertising and promotions class; Avanza, which encourages and promotes bilingual business majors; and the Monfort College of Business component of the First-Year Experience, a UNC class aimed at helping students stay in school. The business component of the class is a self-paced online offering that helps first-year students manage their personal finances.
“We’re proud to support the Monfort College of Business and the University of Northern Colorado,” said Ken Cook, vice president-operations for State Farm in Greeley, board chair of the UNC Foundation and member of the college’s Dean’s Leadership Council. “State Farm believes in supporting higher education in the region, since an educated workforce is beneficial to everyone living in Northern Colorado. We hope that other area companies will choose to support the college in their preparation of our future workforce.”
“We are grateful for this continued support of the college,” said Don Gudmundson, dean of the Monfort College of Business. “This kind of support provides more resources for student success and is invaluable during difficult economic times. It shows great leadership on the part of State Farm.”