Steenecks’ $1.3 million gift to benefit URI College of Business facilities, and immediate and long-term priorities – URI News

KINGSTON, R.I. — June 21, 2021 — The University of Rhode Island announced that Craig D. ’80 and Sandra Steeneck have committed $1.3 million to advance the immediate and long-term priorities of the College of Business.

The gift is structured in three parts. A pledge of $250,000 will contribute to the renovation and expansion of Ballentine Hall and result in the naming of The Steeneck Family Student Lounge. A gift of $60,000 supports the immediate needs identified by RhodyNow: College of Business. The Steenecks’ estate plan provides $1 million to establish the Steeneck Family Endowed College of Business Excellence Fund. The endowment will provide funds for cutting-edge technology that will deliver a competitive advantage for faculty and students, as well as support study abroad and international guest speakers.

“I received a great education from the College of Business, and my accounting professors provided me with valuable career…

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