Officials announced this afternoon that Ivy Tech Bloomington’s main academic building has received a new name in honor of a local couple.
Cook Group chairman Steve Ferguson and his wife Connie stood outside the main academic building on Ivy Tech’s Bloomington campus today as officials unveiled a sign bearing their names.
The building was named after them to honor their $1 million donation to Ivy Tech’s expansion fund.
Indiana Ivy Tech President Tom Snyder says the Fergusons have supported Ivy Tech for many years, but this is by far their biggest gift. He says the money will help the Bloomington campus meet the needs of its growing student population.
“With half of our students in leased facilities we’re clearly out of room,” Snyder said. “We’re actually not going to grow as fast as we want just because there is not enough floor space. I think this is where the community has to come together and help make that more feasible.
Steve Ferguson says he and his wife wanted to make the donation because education is vital and supporting it is the best way to give back.
“Education is the key for everyone, and the greatest gift you can give your kids is an education,” Ferguson said.
He recalls an old Chinese Proverb that he shared with the group gathered for the opening. “You give a man a fish and you feed him for a day, you teach a man to fish and you feed him for a life time,” Ferguson said. “And that’s what education does to you and for you.”