Penn State’s liberal arts college gets $10 million gift
STATE COLLEGE, Pa. (AP) – A Penn State graduate and his wife are donating $10 million for two endowments at the university’s liberal arts college.
Doug and Julie Rock, of The Woodlands, Texas, have offered two gifts of $5 million each. One of the donations will create an endowed dean’s chair in the college.
The university says the other $5 million donation will support an endowed directorship at the Rock Ethics Institute, which was created thanks to a $5 million gift from the couple a decade ago.
The school says the money will support innovative teaching, research, and service by the faculty and students.
Doug Rock is a 1968 psychology graduate of Penn State who has worked in the oil and natural gas industry.
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