USM's Foundation is set to receive five million dollars

HATTIESBURG, MS. (WDAM) - On Wednesday, Southern Miss announced one of their largest donations ever in the amount of five million dollars from a graduate of the university's Business College.

Chuck Scianna Jr., a 1975 graduate of USM, spoke about his gift during a press conference at the Trent Lott Center Wednesday.

Scianna said he views the donation for the university's proposed new Business College building as an investment in not only the university, but the entire state.

Scianna is a Bay St. Louis native who now lives in Texas and serves as President of the company, Sim-Tex. The new College of Business building is set to be constructed next to USM's Trent Lott Center. Ground breaking on the facility is scheduled for Spring 2012.

According to Scianna, "The other schools in the state have medicine, law, engineering. Here we have education, business, nursing and we have a great business school here, we've run out of space. This is an opportunity for not only the school but for the state of Mississippi to get national recognition."

The 90-thousand square foot proposed state of the art new Business College is estimated to cost 33-million dollars. Those funds are coming from both a 10-million dollar fundraising campaign and 26-million dollars in state bonds.

The new College of Business building will also be named Scianna Hall.

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