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October 21, 2014

Couple Gives $35-Million for Scholarships at U. of Redlands

A California couple has donated $35-million to create a scholarship fund at their alma mater, the University of Redlands, reports the Redlands Daily Facts. The gift from Richard and Virginia Hunsaker will aid students entering the College of Arts and Sciences at the campus outside Los Angeles.

The Hunsakers graduated from the University of Redlands in 1952. Mr. Hunsaker went on to a career in real estate and founded Hunsaker Management, which oversees industrial and commercial properties in Southern California. The couple has previously given the university $40-million for facilities upgrades, and both have served on its board of trustees.