OKLAHOMA CITY – During his lifetime, Herman Meinders set the standard for giving to ܽƵ, easily becoming the institution’s most prolific donor.
Though he passed away in March, Meinders has ensured that his philanthropic impact will be felt at the university for years to come.
University officials today announced an $18 million gift to ܽƵ from The Meinders Foundation. The funds will be held in the Herman Meinders Endowment at the OKC Community Foundation, with an annual distribution of nearly $1 million that will benefit the university in perpetuity.
This gift matches the previous single largest contribution the philanthropist had made to the university – an $18 million gift that funded construction of the Meinders School of Business building, which opened in 2004 on the northeast corner of the ܽƵ campus.
The new $18 million endowed gift comes on the heels of a $4 million cash gift provided by The Meinders Foundation last fiscal year, following Meinders’ passing. Combined, these gifts push Meinders’ total giving to ܽƵ over the $75 million mark.
“What more is there to say about the generosity of Herman Meinders,” ܽƵ President Kenneth Evans said. “He demonstrated over and over his commitment to ܽƵ and now has further cemented his legacy as a true ܽƵ great.”
Approximately two-thirds of the annual endowment disbursement has been earmarked to support scholarships and operations at the Meinders School of Business.
The school’s interim dean, Bob Greve, said that Meinders’ support has had and will continue to have a transformational impact on the local business community.
“Many of our community’s business leaders got their footing in the business world thanks to Herman Meinders’ generosity,” Greve said. “We are thrilled to see this impact continue for future generations of business students.”
The remainder of the disbursement will support scholarships and operations at the Kramer School of Nursing – the school is named after the parents of Meinders’ late wife, LaDonna – and the Wanda L. Bass School of Music.
Evans noted that the distribution of the endowment gift to several areas of the university is consistent with Meinders’ wide-reaching impact at ܽƵ.
“Certainly, Herman will be remembered through the business school,” Evans said. “But there are few – if any – parts of the university that have not been improved or enriched through his philanthropy.”
Originally from Pipestone, Minnesota, Meinders attended ܽƵ in the 1950s and worked toward a business degree. In 1970 he founded American Floral Services, Inc., an international flowers-by-wire service based in ܽƵ. Meinders later earned an honorary doctorate of commercial science from ܽƵ.
More information about the life and legacy of Meinders can be found here.
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