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The building was funded entirely with private donations and gifts at a cost of around $750,000, and a $3 per term assessment Oregon State students implemented beginning in January 1922. [4] It was dedicated on June 1, 1929. [4]
That year they collected the OSC Foundation's first donation, a sum of five dollars. The OSC Foundation officially became the Oregon State University Foundation on November 14, 1962. The university's endowment began with $20,000 in 1961. It took 16 years to reach its first $1 million in total receipts, and four more years to double that amount.
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Oregon State University (OSU) is a public land-grant research university in Corvallis, Oregon, United States. OSU offers more than 200 undergraduate-degree programs along with a variety of graduate and doctoral degrees through all 11 colleges.
The building, home to the Oregon State University College of Business, is named after and primarily funded by Ken and Joan Austin. Mr. Austin, an alumnus of the College Business, founded A-dec, a dental office furniture and equipment manufacturer based in Newberg, Oregon, United States, with his wife Joan in 1964. The building was designed by ...
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