Donor Pledges One Million Dollars To University of South Dakota
A successful business woman who earned her undergraduate at the University of South Dakota is giving back to the school. Lorraine Hart of Minneapolis, Minnesota pledged $1 million to the USD foundation.
The gift will create three unique funds in the College of Arts & Sciences – a student enrichment fund to help students gain learning experiences outside of the classroom; a student and faculty fund for the Department of Mathematical Sciences; and a named professorship in the Department of Psychology.
Hart, who received her bachelor’s degree in mathematics from the College of Arts & Sciences at USD, was raised in Vermillion. She enjoyed a distinguished career as an investment manager with Ameriprise. Now a resident of Minneapolis, Hart serves on many nonprofit boards and commissions, including the USD Foundation Board of Directors.
In a press release from USD, Foundation President Steve Brown believes this gift is indicative of Hart’s personality. “Lorraine’s passion for life, USD and Vermillion is your first impression upon meeting her,” said Brown. “Her demonstrated leadership on both the Foundation’s Board of Directors and on the Onward Campaign Cabinet is further exemplified with this significant contribution.”