PSU news by
Penn State's student blog



Ira Lubert Gifts $5 Million To Penn State, $1.75 Million For Lasch Renovations

By Ben Jones

Penn State football will see $1.75 million of a $5 million dollar gift to the university go towards Lasch Building renovations. Ira Lubert, a 1973 Penn State graduate and chair of the university’s Board of Trustees, committed the $5 million gift that was announced on Monday morning.

In total more than $3 million will be used to support endowed scholarships, including $2.4 million for the Millennium Scholars program; $500,000 for an Open Doors Scholarship at the Abington campus; and support for the Rod Kirsch Renaissance Scholarship and a new scholarship in Health and Human Development.

Additionally, another $100,000 will be used to support Lion’s Pantry, which was chosen as the 2017 class gift and addresses the issue of hunger at Penn State.

“Having served on the Board of Trustees for many years and now as chair, I am aware of the vast potential of Penn State’s students, faculty and programs, and I know how philanthropy can fuel their achievements,” said Lubert in a statement. “I’m fortunate that, in part because of my Penn State education, I can give back and help support the future of my alma mater and its graduates.”

“Leading by example, Ira has long served the University through his many volunteer efforts as well as his philanthropic giving,” said Penn State President Eric Barron in a release. “With his vantage point, he is able to identify where giving will have the most impact and has stepped up to fill critical needs. We are very thankful for his commitment to Penn State and for his generosity that will broadly benefit Penn State students and programs.”

While the implications and impact of a multi-million dollar gift are fairly apparent, the $1.75 million will go a long way towards various upgrades across Penn State’s football complex. James Franklin spent much of this spring’s coaches caravan tour discussing the need to continue improvements and upgrades inside the Lasch Building, secondary to Penn State’s recently released facilities master plan which includes a massive renovation of Beaver Stadium.

No timeline or fundraising effort has been announced yet for that particular plan.

About the Author

Posts from our partner website


More by

Herwig’s Austrian Bistro Sets Closing Date

Owner Bernd Brandstatter announced in March that restaurant would be closing between June and August, but the final day of business has been moved up.

Former Penn State Football Player Denies Burglary, Assault Accusations

Spats Cafe Collaboration With Allen Street Grill Set For Grand Opening


Shea Moyer Lifts Penn State Women’s Soccer Past West Virginia 1-0

Sophomore midfielder Shea Moyer scored the game-winning goal in the 80th minute of a rainy season opener at Jeffrey Field.

Penn State Women’s Soccer Poised For Strong 2018 Season

Incoming Penn State Track & Field Athlete Kristian Marche Shot To Death In Philadelphia

Former Women’s Gymnastics Coach Files Lawsuit Against Penn State Over Handling Of Abuse Allegations

Men’s Soccer Trio, Reading United Win PDL Eastern Conference Title, Fall Short Of National Championship

Student Life

Start The Semester Off Right With These Welcome Week Activities

Don your brightly-colored college shirt and officially begin your Penn State career with these Welcome Week activities.

Nike Releases New Penn State Sneakers

Penn State Parking Office Runs Into Student Permit Purchase Issues

Plans Submitted For New KFC In State College

Developers have submitted preliminary land development plans to build a new KFC restaurant at 1780 S. Atherton St. in State College.

Join Onward State: Fall 2018 Application

Onward State is hiring for the fall semester and we’d love to have you join us.

Start The Semester Off Right With These Welcome Week Activities

Don your brightly-colored college shirt and officially begin your Penn State career with these Welcome Week activities.

Be the first to know

  • Top posts and the best Penn State stories

Thank you for subscribing.

Something went wrong.

Assessing Penn State’s Front Seven Following Tuesday’s Medical Retirements

Penn State’s defensive line rotation will be shaken up following Ryan Buchholz’s medical retirement from football, while the coaching staff is letting the linebackers duel it out during camp.

Send this to a friend