Sheridan College received another sizable gift that will go toward the capital campaign for the Thorne-Rider Student Center renovation and expansion project. The Perkins Foundation has committed $550,000 for the project that is a challenge gift, meaning the Sheridan College Foundation must raise that amount from other donors and it will be matched by the Perkins Foundation. Sheridan College President Dr. Paul Young.
Fundraising for the project is now at $3,050,000 million, which is over halfway to the goal of $6,000,000. The total cost of the project is $11.7 million, in which the College will contribute the remaining $5.7 million to go along with the Sheridan College Foundation's fundraising goal of 6 million.
The Thorne-Rider Student Center renovation and expansion project will consist of 16,180 square feet of new construction and 16,937 square feet of remodel. The College anticipates breaking ground on the project in spring of 2013, with a tentative completion date of fall 2014.