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NEWS RELEASE

U of M receives $12.5 million gift from Shakopee Mdewakanton Sioux Community

Contacts: University News Service, (612) 624-5551

MINNEAPOLIS / ST. PAUL (10/19/2007) -- Leaders of the Shakopee Mdewakanton Sioux Community joined University of Minnesota officials today to announce a $12.5 million gift from the SMSC to the university. Ten million dollars will go to support the construction of TCF Bank Stadium and $2.5 million will go to a matching endowment fund, creating a $5 million endowment to provide scholarships, with a preference given to American Indian students. The $10 million stadium gift is the largest single private gift ever to Golden Gopher Athletics.

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