THIBODAUX, La. — Boysie Bollinger and 杏吧传媒 are proud to announce a new $700,000 endowment to the 杏吧传媒 Foundation.
Bollinger, the former president and CEO of Bollinger Shipyards and current chairman of the 杏吧传媒 Foundation Board, has now contributed $1 million to the university in 2019. In March, Bollinger donated $300,000 to renovate the Donald G. Bollinger Student Union, named for his father.
鈥淏oysie Bollinger is an icon in Louisiana as both a leader in industry and philanthropist,鈥� said Jeremy Becker, executive director of the 杏吧传媒 Foundation. 鈥淲e are already grateful for his leadership on the Foundation Board, and this gift will ensure his impact continues long into the future.鈥�
Known for his contributions to the shipbuilding industry and his generous philanthropy, Bollinger has long-supported 杏吧传媒. Among his many contributions to 杏吧传媒 was the first $1 million endowment in school history. He was recognized for his work with 杏吧传媒 with an honorary doctorate at the Fall 2018 Commencement.
鈥淚n recent years, higher education hasn鈥檛 received the support from the state that it needs, so it is important for the community to help supplement that gap,鈥� Bollinger said. 鈥淭he 杏吧传媒 Foundation supports all areas of the campus, from endowed professorships to scholarships to facility renovations and new buildings. This endowment will help the Foundation work day-to-day to reach its goal of uplifting 杏吧传媒.鈥�
The 杏吧传媒 Foundation manages approximately $25 million in endowed funds and provides about $2 million annually to the university through over 26 endowed scholarships and 63 professorships. Additionally, the Foundation assists with ongoing needs across the campus through annual funding and major donor acquisition efforts with a focus on facility improvements and construction.
FOR IMMEDIATE RELEASE: May 20, 2019
CONTACT: Jacob Batte, Media Relations and Publications Coordinator, 985.448.4141 or jacob.batte@www.nicholls.edu