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Montana State University presented with $25M gift – Jake Jabs Center for Entrepreneurship for the New West

Montana State alumnus to give $25 million to MSU College of Business

A Montana State University alumnus announced today that he will give an unrestricted $25 million gift to MSU’s College of Business http://www.montana.edu/cob/index.php . It is the largest private gift made in the history of the Montana higher education system.

The gift is being made by Jake Jabs http://www.afwonline.com/about-us/about.asp , who grew up on a farm near Lodge Grass, Mont., in a home with no indoor plumbing, electricity or running water. Today, Jabs is president and CEO of American Furniture Warehouse http://www.afwonline.com/about-us/about.asp based in Denver, one of the largest retail furniture companies in the United States.

"Thanks to his generosity, Mr. Jabs’ visionary gift will benefit generations of students to come," said MSU President Waded Cruzado http://www.montana.edu/president/ . "On behalf of all of us at MSU, I would like to offer Mr. Jabs our most sincere and heartfelt thanks and appreciation."

Anne Cantrell, MSU News Service

http://www.montana.edu/cpa/news/nwview.php?article=10394

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$25 million: Furniture entrepreneur gives MSU largest gift ever to build new Business College

Montana State University went all out Friday to thank Jake Jabs, the rags-to-riches furniture store magnate, for donating $25 million to build a new College of Business, the largest single gift in the state University System’s history.

“Wow,” MSU President Waded Cruzado said, beaming as she announced the donation before TV cameras, Gov. Brian Schweitzer and 100 university leaders, employees and students.

GAIL SCHONTZLER, Chronicle Staff Writer

Full Story: http://www.bozemandailychronicle.com/news/economy/article_90450046-f6e7-11e0-aa29-001cc4c03286.html

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Montana State Gets Record $25 Million for College of Business

Oliver Staley, ©2011 Bloomberg News

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/10/14/bloomberg_articlesLT2INK1A1I4H.DTL#ixzz1asFjkG2g

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Montana State University presented with $25M gift – Jake Jabs Center for Entrepreneurship for the New West

Jake Jabs, president and CEO of American Furniture Warehouse, announced on Friday that he will give $25 million to MSU’s college of business.

It’s the largest private gift made in the history of Montana higher education, according to MSU officials.

MSU president Waded Cruzado will seek approval to build a new college of business on the MSU campus.

Jake Jabs Center for Entrepreneurship for the New West http://www.montana.edu/cob/centernewwest/

by Erin Yeykal – KBZK

Full Story and Video: http://www.ktvq.com/news/msu-presented-with-25m-gift/

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Son of Immigrant Parents and One of Nation’s Largest Furniture Retailers Gives $25 Million to Montana State University in Bozeman for College of Business

Montana State University’s College of Business in Bozeman, Mont., announced today an unrestricted $25 million gift from Jake Jabs, president and CEO of American Furniture Warehouse, based in Denver. The gift is the largest in the history of Montana’s higher education system.

MSU President Waded Cruzado said the university will seek approval from the Montana Legislature for construction of a new college of business on the MSU campus in Bozeman. Ground could be broken on the project in 2013, with construction completed in 2015.

Full Story: http://www.marketwatch.com/story/son-of-immigrant-parents-and-one-of-nations-largest-furniture-retailers-gives-25-million-to-montana-state-university-in-bozeman-for-college-of-business-2011-10-14

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