June 25, 2003

BOISE INDUSTRIAL FOUNDATION MAKES $1.5M DONATION TO BOISE STATE CAMPAIGN

Officials from Boise State announced today that the university has received a $1.5 million financial donation from a local business organization to help begin a major fund-raising campaign for student scholarships. Members of the Boise Industrial Foundation, an economic development association, university officials, and members of the BSU Foundation made the announcement at a press conference held on the Boise State campus. BIF's donation to Boise State is the lead gift to a major "Campaign for Students," which is scheduled to officially begin later this year.  The campaign will be a comprehensive fund-raising effort to increase Boise State's scholarship endowments. "The initial contribution to this campaign from the BIF will be a major step in our efforts to raise additional funds for scholarships," said Richard A. Smith, Boise State's vice president of university advancement. "This gift will benefit many Boise State students for years to come. We are most grateful to the BIF for its generosity." Founded in 1958, the BIF is a group of Boise-area business and civic leaders dedicated to the growth, development and prosperity of industry and commerce in Boise and the surrounding area. The BSU Foundation, which will administer the donation, is a nonprofit affiliate association of Boise State and serves as the university's primary fund-raising arm. -30- Media contact Bob Fritsch BSU Foundation 426-3277 Bob Evancho University Relations 426-1643 Contact Peter Hirschburg BIF board of directors 377-0024

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