University of Dubuque Receives $60 Million Estate Gift

University of Dubuque Receives $60 Million Estate Gift

The University of Dubuque has announced a $60 million commitment from the estate of Edward A. Babka and his wife, Shirley.

The largest single estate commitment in the university's 164-year history will be allocated to the university's endowment and the Ed and Shirley Babka Scholarship Fund. The two-part bequest, $37 million of which already has been received, will boost the university's endowment to more than $150 million.

The founder of Babka Publishing Company, Edward Babka, who served on the university's board for forty-three years, died last June at the age of 88. The couple's previous support for the university helped fund the Babka Bookstore, need-based scholarships, the Babka Computer Center, the Babka Blackbox Theatre, a student apartment building, and a renovation of Peters Commons.

"It's hard to adequately describe the impact of Ed and Shirley's investment in UD students," said University of Dubuque president Jeffrey F. Bullock. "In the many conversations I had with Ed and Shirley, they were committed to keeping the university a place of hope, opportunity, and promise for today's students and future generations."

"UD Receives Largest Single Estate Commitment in the University's History." University of Dubuque Press Release 02/17/2017.