URI business school receives $1.3m private donation

SOUTH KINGSTOWN, R.I. — University of Rhode Island alumnus Craig Steeneck and his wife Sandra Steeneck announced Monday that they were giving the state school’s College of Business a $1.3 million donation. The gift, which they said will “advance the immediate and long-term priorities” of the business school, will be structured in three parts, including another large push for the College’s main building.

A pledge of $250,000 will contribute to the renovation and expansion of Ballentine Hall, which will include open teaching spaces and labs across more than 7,000 square feet of new space and 13,000 square feet of renovated space. Originally built in 1967, the renovated and expanded space will feature a center for business analytics and artificial intelligence. A students lounge will also be named for the Steeneck family.

The university estimates that Ballentine Hall’s renovation will cost about $18.7 million. The College of Business has been…

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