Nick and Kari Olds, both proud alumni of Montana Technological University, have made a significant impact on their alma mater and the community through a generous donation of $1 million to the Montana Tech Foundation. This contribution comes as a heartwarming gesture from the couple, who graduated in 1992 and 1994, respectively, and have remained committed to supporting education and opportunities for future generations.
Of the total donation, $600,000 is earmarked for the Olds Family Endowed Scholarship, which aims to assist students who graduate from Montana high schools and demonstrate financial need. This scholarship was established in 2019, reflecting the Olds’ desire to ensure that deserving students have access to the same quality education they received. Nick and Kari expressed their gratitude, stating, “We are indeed fortunate to be Montana Tech graduates and are very pleased that we can give back to our university and community in a way that offers others the same opportunities we had.”
In addition to the scholarship fund, the Olds’ donation includes $280,000 dedicated to the HPER Modernization Project, which aims to enhance the facilities for Oredigger Athletics. This investment not only supports the athletic programs but also fosters a vibrant community spirit among students and alumni. The remaining $120,000 will go towards the Olds Family Match fund, further amplifying the impact of their generous gift.
Chancellor Johnny MacLean praised the Olds for their unwavering support, stating, “Nick and Kari are such incredible supporters of Montana Tech.” Their commitment to the university is evident in their actions, as they continue to contribute to the growth and development of the institution.
Luke Meyer, another key figure at Montana Tech, remarked, “Nick and Kari’s generosity is more than a gift—it’s a powerful homecoming.” This sentiment resonates deeply within the community, as the Olds’ donation not only benefits current students but also strengthens the ties between alumni and the university.
Montana Technological University is known for its emphasis on hands-on learning and a rigorous curriculum, preparing students for successful careers in various fields. The Olds’ contributions will undoubtedly enhance these educational experiences, ensuring that future students can thrive in an environment that fosters growth and innovation.
As the university moves forward with these exciting developments, observers are eager to see the positive changes that will result from the Olds’ generous donation. The community anticipates a renewed focus on supporting students and enhancing facilities, which will ultimately benefit everyone involved.
With such a strong commitment to education and community, Nick and Kari Olds exemplify the spirit of giving back that is so vital to the fabric of Montana. Their actions serve as an inspiration to others, encouraging a culture of support and generosity within the region.
