California State University, Fresno officials today announced receipt of a $1 million gift to help fund construction of the Save Mart Center. The gift was made anonymously by a Fresno family.
Fresno State officials said the family has supported the university in the past and wants the university to accelerate its leadership role in bringing top-level sports, entertainment and cultural events to Central California. The family also hoped that the $1 million gift would advance the momentum for similar gifts during the next few months.
This is the second major gift that the university has received for the project. In January, Pete Peters of Fresno and the Leon S. Peters Foundation pledged a combined gift of $1.2 million to the project.
The anonymous gift brings the total amount raised to date to $47.5 million, including a major sponsorship agreement with Pepsi and Save Mart Supermarkets. Fresno businessmen Bob Duncan and Ed Kashian, co-chairs of the fund raising campaign for the Save Mart Center, have set the minimum fund raising goal at $103 million.