Pictured is High Point University President Nido Qubein (far left) presenting a $20 million gift from HPU to High Point Community Foundation leaders Ann Busby (middle) and Paul Lessard (right).
HIGH POINT, N.C., May 9, 2018 – The High Point University Board of Trustees today pledged $20 million to support the city’s revitalization initiatives in partnership with the High Point Community Foundation.
HPU President Nido R. Qubein presented $20 million to High Point Community Foundation leaders during their 20-year anniversary celebration, held on HPU’s campus. The university previously contributed $2 million to the downtown catalyst project, for a total commitment of $22 million.
Qubein said the university’s major investment with the High Point Community Foundation will support community programs, nonprofit organizations and community events that benefit the entire citizenry of High Point.
“We are High Point’s University,” says Qubein, who began spearheading downtown revitalization efforts one year ago. “Our students, faculty and staff are integrated and invested in this community. They work in countless ways, some seen and some not, to better our community for everyone who lives here. This gift is a reflection of that.”
The gift complements additional ways HPU has fostered growth in the city over the last decade, including the university’s annual $500 million economic impact, 1,700 employee positions and 100,000 annual visitors attracted to campus. In addition to the financial impact, HPU students, faculty and staff invest more than 100,000 hours annually in the local community – recognized at a value of $2.1 million, according to United Way estimates.
“Since 2005 through 2016, HPU has already invested many millions in community impact investments,” Qubein said. “From supporting High Point Community Against Violence, equipment for the High Point Fire Department, the High Point Police Department Youth Leadership Academy, United Way of Greater High Point contributions and much more, our commitment to our city has been steady, though most community members may not even be aware.”
“Most people don’t realize that Nido Qubein became High Point University’s champion because he thought it would bring positive and lasting impact to his home city of High Point,” said Jack Finch, HPU Board of Trustees Chairman. “This $22 million commitment is merely an extension of his vision to unite High Point University and the city in which it resides to new levels of greatness. Our board is in complete support of this initiative that reflects a heart of service.”
The new $20 million investment will be focused on downtown revitalization, including: