Sinquefields to donate $50 million to St. Louis University

Saint Louis University on Tuesday, August 28 announced that Dr. Jeanne and Rex Sinquefield are donating $50 million to the University.

It’s the largest gift in SLU’s 200-year history, and will fund a new Saint Louis University Research Institute to serve as the focal point for the University’s efforts to grow “the scale and eminence of its research and scholarship.” The gift also will establish a new Sinquefield Center for Applied Economic Research, and provide annual support to SLU’s chess team.

“On behalf of the entire Saint Louis University community, I want to thank Dr. Jeanne and Rex Sinquefield for their transformational gift and for their unparalleled support of our University,” said SLU President Fred P. Pestello, Ph.D. in a news release.

“Through their immense generosity, the Sinquefields will provide the gift of knowledge to the world, bring further attention to the region as a research hub, and draw more outstanding scholars and students to St. Louis,” Pestello continued. “For all this and more, we are deeply grateful.”

The gift received extensive coverage in St. Louis media, including the St. Louis Post-Dispatch/, St. Louis Business Journal, St. Louis Public Radio, and television stations KSDK (NBC), KMOV (CBS) and KTVI (FOX).

In addition, an Associated Press story was picked up by media outlets across the country, and the gift also was noted in stories in specialized publications including Inside Higher Ed, The Journal of Philanthropy, and Philanthropy News Digest.

September 2018