Carl Nathe

By

College: Business and Economics

Gatton College Receives $1 Million Gift From Forcht Bank

Published: Jun 19, 2014

LEXINGTON, Ky. (June 19, 2014) — At its June meeting, the University of Kentucky’s Board of Trustees — at the recommendation of President Eli Capilouto — accepted a $1 million commitment from Forcht Bank. The pledge is part of UK’s Gatton College of Business & Economics’ $65 million capital campaign for the renovation and expansion of the Gatton College building.

 

“Partners like Terry Forcht and Forcht Bank are critical to the University of Kentucky as we continue transforming our campus for faculty, staff and students,” Capilouto said. “We are grateful to the Forcht family for this generous gift, which will help build a modern business facility that will educate and prepare students to compete and succeed in a global economy.”

 

Forcht Bank Chairman Terry Forcht said, “We believe in the mission of the Gatton College of Business and Economics to provide a quality education for future entrepreneurs and business leaders in Kentucky. Education is the key to moving our state forward, and we want to support it in every way we can.”

 

The Forcht Bank gift will fund the grand staircase in the newly renovated Gatton College facility. Located at the main entrance of the expanded facility, “the staircase will be a focal point of the building,” described UK Gatton College Dean David W. Blackwell. “The grand staircase is the primary access to the atrium, which we refer to as the ‘living room' of the building.  It also provides ‘stadium seating’ where students can relax and study between classes.  It is a spectacular feature of the new Gatton College facility.”

 

“Forcht Bank’s $1 million pledge will help us build a technologically advanced business education complex, which will benefit students for decades to come,” Blackwell said. “We are extremely grateful to Mr. Terry Forcht for his commitment to the Gatton College and the University of Kentucky.  Forcht Bank is a key partner in educating the next generation of business leaders.”

 

The expansion and renovation of the Gatton College facility will allow for enrollment growth of more than 40 percent and faculty/staff growth to support the additional students, as well as incorporating state-of-the-art technology throughout the building.

 

Construction of the facility is underway with completion of the project slated for spring 2016.

 

This project is part of UK's $1 billion campus transformation plan initiated under President Capilouto's leadership. The Gatton College was approved in 2013 with House Bill 7, which also included a new Academic Science Building and improvements to Commonwealth Stadium and football training facilities. The House Bill 7 projects, as well as a new student center, the continued capital construction for UK HealthCare, and the complete revitalization of UK's residential communities are self-financed without state tax dollars

 

Forcht Bank (www.forchtbank.com) operates 30 banking centers in 12 Kentucky counties — Fayette, Jefferson, Boone, Grant, Madison, Taylor, Pulaski, Laurel, Whitley, Knox, McCreary and Green County — and has total assets of $938 million (fdic.gov, as of 3/31/14).

 

For more information about the new Gatton College facility, visit gattonunited.uky.edu.

 

 

 

MEDIA CONTACTS:  Michele Sparks, 859-257-0040; Carl Nathe,  859-257-3200.

 

 

forcht_bank_gift.jpg
Tags:
December
 
1
Resumes and Cover Letters
Circle of Love Gift Return
Mon
2
UK Guitar Studio
Circle of Love Gift Return
Tue
3
Networking and Job Search
Internship Info Session
LNFS Presents: Wayne's World
Study Sounds: Classical Concert
Wed
4
LNFS Presents: Frozen
Ballet Music of Tchaikovsky
Circle of Love Gift Pick-Up
Live Screening of Orion Spacecraft Re-entry
Massage on the Go
Thu
5
LNFS Presents: Winter's Bone
LNFS Presents: Gremlins
Open Studio
Circle of Love Gift Pick-Up
Fri
6
Snow Skiing @ Perfect North Slopes
Sat
7
Free Holiday Shopping Shuttle to Fayette Mall
Sun
8
Undergraduate Research Information Session "How to Find a Faculty Mentor"
Mon
9
Job Club - Identifying Your Skills
Paws for Stress Relief
Tue
10
 
Wed
11
 
Thu
12
Last Day of Classes
Fri
13
 
Sat
14
Free Holiday Shopping Shuttle to Fayette Mall
Finals Treats
Sun
15
Final Exams
Crunch Brunch
Mon
16
Final Exams
Jazzy Holiday Concert
Tue
17
Final Exams
Caregiver Support Group
Wed
18
Final Exams
Thu
19
Final Exams
End of 2014 Fall Semester
Fri
20
 
Sat
21
 
Sun
22
 
Mon
23
 
Tue
24
 
Wed
25
 
Thu
26
 
Fri
27
 
Sat
28
 
Sun
29
 
Mon
30
 
Tue
31
 
Wed
 
 
 
Jan 14
Bicycle Trivia 01/14/2015

Wed, 01/14/2015

Fri, 01/16/2015

Wed, 01/21/2015

Reset Page