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Monmouth receives largest gift ever: $10 million toward new recreation complex
Web posted Aug. 28, 2001 10 a.m. CDST
Walter S. Huff Jr. of Atlanta, Ga., will
present Monmouth College with a gift of $10 million—its largest gift ever—President Richard
Giese announced today. The donation, made in
memory of Huff’s late wife, Elizabeth, is the lead gift in a campaign to build a $21 million
recreation complex on the college campus. A 1956 Monmouth College
graduate, Huff is the retired chairman of HBO & Company, an information systems company for
the health care industry he co-founded in 1974.
In 1983, Huff and his wife presented Monmouth College with a $5 million gift, then the largest
gift in its history and at the time one of the largest gifts ever to an Illinois college. The recreation complex
would incorporate the college’s original gymnasium and its Glennie Gymnasium with a new
54,000-square-foot field house and a new natatorium to create a state-of-the-art athletic
facility encompassing more than 155,000 square feet.
“This is a historic
moment for Monmouth College,” President Giese said. “The Huffs’ generosity through the years
has been a tremendous inspiration to this institution as their financial leadership has
challenged us to aspire to ever higher goals. This gift, and the first-class facility that
will ensue as a result, will take Monmouth to a whole new level. “ Giese said that the
recreation complex, which will be built between Archer and Boston avenues at Seventh St., will
provide students with modern fitness, training, academic and competition facilities. “Most of
our peer institutions already boast such complexes, and given the importance today’s students
attach to fitness and health, we will no longer be at a competitive disadvantage,” he
explained. “When this new facility is complete, we will have one of the finest recreation
facilities in the country for a college our size.” Huff, who currently
serves as vice chairman of the college’s board of trustees, grew up in Peoria, as did his
wife, who died in December. His appreciation for Monmouth College began as a college senior
when he almost dropped out due to lack of money. “The college came through with financial aid,
so I could finish my education in the liberal arts,” he said. “There is no question that the
liberal arts education I received at Monmouth College was the foundation for much of my
business success.” Huff said that while the
$10 million gift is a tribute to his wife, he also believes it is important to the college at
this point in its history. “The college certainly needs this comprehensive facility, but it
also needs real financial commitment from its alumni and friends,” he said. “It is my hope
that this gift will challenge others to step forward in a big way.” Over the last two
decades, Huff has lent his support to several other college projects, providing major gifts
toward the construction of Glennie Gymnasium and Wells Theater, the “Forward to the 21st
Century” campaign and the renovation of the presidential residence, Quinby House. Following his
graduation, Huff went to work for a certified public accounting firm in Peoria and in 1963
became controller for the Third Order of St. Francis, which operated 11 hospitals including
Peoria’s St. Francis Medical Center. In 1974 he joined Bruce Barrington and Dick Owens to form
HBO & Company in Peoria. The company pioneered computer software and systems which addressed
departmental communications and information needs of hospitals. Huff retired from the
company in 1990 and is currently a partner in the Atlanta-based Gerdes Huff Investments. After
his retirement, HBO continued its dynamic growth and in 1998 merged with McKesson Corporation.
Huff was awarded an honorary degree by Monmouth College in 1986, the same year he was elected to its board of trustees. In 1992, he was a charter inductee into the Hall of Achievement, a select group of the college’s most influential alumni. This April, he was the college’s Wendell Whiteman Memorial Lecturer. |
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