A Colorado couple who both graduated from DePauw University have donated $25 million to the private liberal arts college to build a new dining hall and to endow need-based scholarships.
The university announced Thursday night that R. David and Suzanne Hoover donated the money. About $9 million will go toward the scholarship endowment and the rest will provide the lead gift for the dining hall to be named Hoover Hall.
The Hoovers, who reside in the Boulder, Colo., area, are both 1967 graduates of DePauw. David Hoover is chairman of the board of Ball Corp. and serves on the board of Eli Lilly and Co., and other companies. Suzanne Hoover is a former teacher.
DePauw is located in Greencastle, about 40 miles west of Indianapolis.