STATE COLLEGE — Penn State Board of Trustees member Naren Gursahaney has committed $3 Million to help fuel Invent Penn State Initiatives and Penn State Athletics.
Gursahaney was elected to the Board of Trustees in July of 2022, on the business and industry side. Along with his involvement with the Board of Trustees, he works with advisory boards in the College of Engineering, creating numerous scholarships and providing support for the Student Veteran Center.
“As we begin a new fundraising campaign, every Penn Stater has the opportunity to consider how they want to make an impact at the University,” Gursahaney said.
“Judy and I are glad that we can invest in the aspiring researchers and entrepreneurs who will drive change in the world and also help to unite the whole Penn State community with a renovated Beaver Stadium. We are grateful for all that the University has made possible for us and our family, and we look forward to Penn State’s future success.”
Of Gursahaney’s and his wife Judy’s $3 million donation, $2 million is an estate pledge, while the remaining $1 million will go to Invent Penn State and the Beaver Stadium revitalization project.
Invent Penn State is the university’s development and entrepreneurship initiative. In terms of the Gursahaney’s money, $250,000 will help launch the Penn State Investor Network, $125,000 will expand the Summer Founders Program and $125,000 will support the Erickson Discovery Grants.
“Naren and Judy’s leadership and dedication to Penn State continue to make a lasting impact, and we are incredibly grateful for their generosity,” Patrick Kraft, vice president for intercollegiate athletics, said. “Their support will strengthen the foundation of Penn State Athletics for generations to come.”
