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 Snyder Charitable Foundation Commits $250,000 to Fund Lobby in SRU's New Sci-Tech Building 

 

SPOTLIGHT

11/21/2005

Contact: K.E. Schwab  -- 724-738-2199;  e-mail: karl.schwab@sru.edu

SNYDER CHARITABLE FOUNDATION COMMITS $250,000 TO FUND LOBBY FOR SRU’S

NEW $14.4 MILLION STATE-OF-THE-ART SCIENCE AND TECHNOLOGY BUILDING

             SLIPPERY ROCK, Pa. -- The Snyder Charitable Foundation based in Kittanning has committed $250,000 to help construct Slippery Rock University’s new $14.4 million Science and Technology Building, slated for opening next spring. The building will include a formal lobby named for the Snyder family following announcement of the family foundation’s gift in support of the campus project.

          The Snyder Charitable Foundation commitment will allow the building’s entranceway to become an inviting academic showcase for students and visitors. The Snyder Lobby will include furniture and wall art along with a plaque commemorating the family foundation’s gift as a remembrance of their generosity. Snyder Associated Companies, Inc., is the holding company for a number of related businesses, including Allegheny Mineral Corp., operating in Slippery Rock and nearby Harrisville.

       In accepting the gift, SRU President Robert Smith said, “The Snyder family and Snyder Associated Companies personify the values the university holds dear: a solid work ethic that is the foundation for success and a generous commitment to the community in which we live and work. We are indeed honored that the family has selected Slippery Rock University for this most important contribution. This gift will have a dramatic impact on the region, the campus and the local community. The support of the Snyder family is deeply appreciated.”

          “I am pleased to be part of such a major undertaking at Slippery Rock University. As a university neighbor, it is exciting to see young people develop their talents, especially those involved in new technologies and science, on which this building is founded. Our companies rely on science, and we hope this lobby will remind students of the direct impact their learning can have on business and the community,” said Dennis Snyder, president of Allegheny Mineral and vice president of Snyder Associated, Inc. Snyder is a grandson of the late Charles Snyder and nephew to Elmer Snyder, company. He has worked with the university in establishing the gift. His wife, the former Kathy Veronesi, is a 1972 SRU graduate, and Elmer Snyder’s wife, Annabelle, is a 1946 SRU graduate.

      Brothers Elmer and Charles’ partnership began in 1941 as a small construction and coal business growing to become one of the largest Armstrong County employers with major facilities in Butler County. From humble beginnings, Snyder brothers evolved their company to develop into a number of businesses now including operations in mining, manufacturing, agriculture, oil and gas and banking sectors.

        The Snyder Charitable Foundation was established to manage charitable resources for Snyder Associated.

          The university’s new Science and Technology Building, currently under construction, will house the departments of physics, chemistry, geology, geography and computer science. The 76,000-square foot, state-of-the-art facility will offer some 20 science teaching and research laboratories; computer labs; a showcase, 250-seat auditorium; “smart classrooms;” study lounges; and faculty offices all wired for Internet access and multimedia display.

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SnyderGift2.kes.doc

 

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