Lindenwood University today announced that the Charles Koch Foundation has awarded $2 million in grant funding support for the John W. Hammond Institute for Free Enterprise in the University’s Robert W. Plaster School of Business & Entrepreneurship.
President Michael D. Shonrock, Ph.D., said the grant is the largest received in Lindenwood history. He said the funds will advance the Hammond Institute’s goals to foster free enterprise and civil and religious liberty through the examination of market-oriented approaches to economic and social issues.
Roger Ellis, Dean of the Robert W. Plaster School of Business & Entrepreneurship, said the grant will support research, conferences, and speakers at the Hammond Institute. He said the institute, which is directed by Dr. Howard Wall, plans to use a portion of the grant funds to hire new faculty and an administrator.
“We are extremely grateful to the Koch Foundation for this grant,” said Ellis. “We will put it to good use advancing the goals of the Institute.”
“We were excited when Lindenwood approached us for support, given the good work the scholars there are doing to better understand critical barriers to opportunity that stand in the way of success for so many in today’s society,” said Charles Koch Foundation President Brian Hooks. “We are glad this contribution will help them continue their work on these important issues such as the consequences of corporate welfare and the challenges of America’s criminal justice system.”
The Charles Koch Foundation (CKF) supports more than 500 programs at U.S. colleges and university nationwide, enabling schools to increase opportunities for undergraduate and graduate students and faculty.
Lindenwood University, founded in 1827, is an independent liberal arts university offering more than 200 undergraduate and graduate degree programs in diverse areas of study and traditional and accelerated formats, including online. Lindenwood operates residential campuses in St. Charles, Mo., and Belleville, Ill., as well as 10 regional centers and 25 extension sites throughout Missouri.