Woodburys donate $20 million to UVSC

The Woodbury Corporation announced a donation of $20 million to UVSC’s School of Business on Oct. 19. Those in attendance of the announcement included Utah Sen. John Valentine, LDS church leader Thomas S. Monson, Mayor of Orem City Jerry Washburn, and former UVSC President Lucille Stoddard. Rick Woodbury, the president of Woodbury Corp., made the official announcement of the donation. When he announced that the family was donating $20 million to UVSC, the crowd erupted in an immediate standing ovation. This is the largest donation UVSC has received and is also the largest single donation that Woodbury Corp. has given. The school is also being renamed the "Woodbury School of Business," in honor of the donor’s generosity. The money will go toward more opportunities and initiatives for the business school. William Sederburg, president of UVSC, said, "We will advance the lives of students and others in this region through this gift." Woodbury stated that there were three factors of why the family chose to give to UVSC: It is a school with high-quality students, enthusiastic faculty and administration with a can-do attitude, and an institution that needed money. "We feel that this school can become an outstanding school of business," said Orin Woodbury. "We’re hoping that we’re helping to provide the means so that the steps can be taken to accomplish that goal, and it’s our dream that it...

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