Center Endowment Announcement 2013

Huntsman School Press Release

Jeff and Bonnie Clark Provide $6 Million “Anchor Gift” to USU’s Jon M. Huntsman School of Business

LOGAN, UT, October 2, 2013 – Utah State University alumnus Jeffrey Clark and his wife, Bonnie Clark, have provided a $6 million leadership gift to help establish the Jeffrey D. Clark Center for Entrepreneurship in the Jon M. Huntsman School of Business at USU. Jeff is a pioneering entrepreneur in the financial industry, having cofounded one of the first “fund of hedge funds” in the United States, Genesee Partners, in 1985. He went on to found his own firm, Praesideo Asset Management, in 1991.

The endowment will fund programs that foster entrepreneurial success among Utah State students from across campus and from the distance campuses around the state, as well as among Cache Valley citizens. It also will fund headquarters offices in the soon-to-be-built Huntsman Hall. An additional pledge of $4 million is being sought to complete the funding for the Entrepreneurship Center.

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Other News Outlets

Desert News - USU business school receives $6 million gift

The Salt Lake Tribune - Utah State University hopes new center will help entrepreneurs strike it rich

Herald Journal News - Couple donates $6M to USU; Funds going to student outreach center at Huntsman Hall