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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.
PN, PGN, WPN, PR
SnyderGift2.kes.doc
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