Penn State has received a second anonymous donation of $10 million for the Beaver Stadium renovation plan, bringing its fundraising total to $45 million.
Penn State on Tuesday announced a second anonymous donation of $10 million for the Beaver Stadium renovation project. Penn State has received three Founders Gifts totaling $45 million for the renovation plan, which is scheduled for completion in 2027.from Anthony Misitano and PAM Health, kicked off the Founders Gift program, which recognizes eight-figure contributions to the stadium renovation plan. Penn State has projected raising as much as $134.
our heartfelt thanks to this family for their unwavering support of Penn State Athletics and Penn State. This remarkable gift underscores the commitment our community has to enhance Beaver Stadium and the game day environment, while maintaining the deep history of our iconic stadium.” Tower will house loge boxes, private luxury suites and what Penn State called "two distinct club seat experiences with lounge access." It also will feature expanded concourses with open views of the field.
"I believe that Beaver Stadium is one of the most iconic buildings in all of sports," Kraft said in a May interview. "So it keeps Beaver Stadium around for generations to come. It will provide us an increased revenue stream for us. I think we will continue to have the best gameday experience in the country. And I think it's a building now that we can use, much like we did with Luke Combs, for far more than just seven or eight days in the fall.
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