Statler and his wife, Jo, both natives of Monongalia County, pledged $34 million to the college—the largest single gift commitment ever to the university and to a college—at a special ceremony at Erickson Alumni Center; $11 million of the donation will qualify for a match from the state Research Trust Fund, making the total value of the naming gift $45 million. A portion of the pledge comes from a previously announced commitment.
With this historic gift, CEMR becomes only the third college at WVU to be named for a benefactor. Over the years, the Statlers have supported many WVU initiatives including the comprehensive breast cancer program at WVU’s Mary Babb Randolph Cancer Center; the new Erickson Alumni Center building; the basketball practice facility; and other athletics capital improvements, including the Coliseum scoreboards. The direct impact of their lifetime of support to WVU, including this gift announcement, is nearly $60 million.
Clements said the naming recognizes the generosity and support of two extraordinary individuals committed to academic excellence and WVU’s land-grant mission.
“This is an extraordinary gift from extraordinary people,” said Dr. Clements. “Ben and Jo Statler’s ties to WVU go back to their childhoods when they met in 4-H and through their many gifts those ties will go on forever. From health care, to athletics, to academics, the Statlers have been extremely generous in helping WVU help others. The College of Engineering and Mineral Resources is already outstanding on many fronts and this gift will truly take the college to the next level and benefit the students, faculty and staff in countless ways.”
The gift includes funds for the new advanced engineering research facility to be built on the Evansdale campus beginning in 2012, and the establishment of the Statler Research Scholars program.
“While Jo and I are pleased to be in a position to make this commitment, our goal with this gift is not merely to provide financial support to the university and the state, but rather to identify areas that could have a meaningful and long-lasting impact on WVU and on the lives of West Virginians,” said Ben Statler. “West Virginia is blessed with a wealth of natural and human resources and we believe that our university should lead the nation in areas such as energy research and engineering. We’re confident the faculty, staff and students, whose efforts these funds will help support, are the ones who will turn the vision behind our gift into reality.”
A third generation coal miner, Ben Statler received his bachelor’s degree in mining engineering from WVU in 1973. While attending WVU, he began his career at CONSOL Energy, working as a laborer. For 30 years, he held various positions at CONSOL Energy before starting his own mining company, PinnOak Resources LLC. Statler served as president and CEO of PinnOak until he sold the company in 2007.
Currently, Statler is co-founder and CEO of Gulf Coast Capital Partners, a private investment firm founded in 2008 that is focused on acquiring and providing capital to middle market companies in special situations. He has served on the advisory committee for WVU’s Department of Mining Engineering and was named to the WVU Foundation board of directors in August 2008.