DEKALB, Ill. (WTVO) — Northern Illinois University announced Wednesday that it had received a $40 million gift that will fund a new health technology center.
The money was donated by the Baustert Family Foundation, which was started by Theo Baustert, who attended NIU in 1954-55.
The funding will go toward creating the Baustert-Bahwell Health Technology Center, which has a price tag of $87 million.
The State of Illinois is covering $77 million of the cost for the project, which is set to begin construction in 2026.
Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.