HAVRE, Mont. (NMB) – Montana State University-Northern announced that it received two major gifts totaling $550,000 in support of Northern’s athletic facilities.
A press release says that the gifts were made to the MSU-Northern Alumni Foundation and came from two local sources. The Tilleman Family gifted $400,000 and Independence Bank contributed $150,000.
Before the Homecoming football game on September 28th, Northern plans to publicly announce plans for the university’s new football stadium. Both gifts will support that project.
In addition to its financial gift, Independence Bank has also agreed to finance all campaign pledges for the full value of the pledge at zero percent interest. This will allow Northern to begin construction immediately after reaching the campaign goal, and donors can make their pledge installments over a number of years.