San Diego philanthropist Conrad Prebys recently donated $20 million to San Diego State University — the largest gift the school has received — to help start several endowed scholarships, according to the university.
The scholarships to be created by the gift will aid an estimated 150 students a year, including students who are veterans and those involved in entrepreneurship, the SDSU honors program, and the creative and performing arts, among others.
Prebys, who has supported many other organizations around San Diego, said this is his first time donating to a fund for student scholarships.
“The idea of scholarships for students intrigues me because I know how difficult it is going to college right now,” Prebys told the SDSU NewsCenter.
“The Campaign for SDSU” had a goal of raising $500 million. More than 45,000 donors have added to the $465 million that has been raised.
San Diego State acknowledged Prebys’ donation by renaming the student union as the Conrad Prebys Aztec Student Union.
The newly endowed scholarships “will transform our campus,” SDSU President Elliot Hirshman said to the SDSU NewsCenter.