Former Emmis CFO Donates $6.5 Million To Butler U. For Theater
January 31, 2011 at 4:57 AM (PT)
Former EMMIS CFO HOWARD SCHROTT has donated $6.5 million towards the construction of BUTLER UNIVERSITY's new performing arts center. BUTLER will in turn name the $13 million facility after SCHROTT, currently President of SCHROTT CONSULTING in SAN FRANCISCO and a 1976 graduate of the school. Groundbreaking for the HOWARD L. SCHROTT CENTER FOR THE PERFORMING AND VISUAL ARTS is scheduled for this SPRING, with the 460-seat theater expected to open in FALL 2012.
"This gift is the manifestation of an ongoing conversation between BUTLER and me about planned giving -- giving that is less about what one can afford today, and more about discovering inventive ways to give that are beneficial for both parties," said SCHROTT. "Before we began these conversations, I would never have imagined this gift would be possible during my lifetime. My hope is that this will encourage others to examine what is possible during their lifetime."