Richard Sussman, Co-Chairman of Mr. Steam Parent Company, Donates $1M to Drake University

Posted on March 15, 2012 by Joel WilliamsNo Comments

Richard Sussman, past president of Mr. Steam and co-chairman of Sussman Automatic, Mr. Steam’s parent company, has donated $1 million to his alma mater, Drake University in Des Moines, Iowa, in memory of his late wife Lila.

The generous gift will be dedicated to creating an endowment for leadership education, and to renovating one of the most-used buildings on campus, the Bulldog Theater.

Sussman’s donation has funded the creation of the Lila and Richard Sussman Endowment for Leadership, which will provide ongoing sponsorship of the fall and spring leadership conferences attended by students enrolled in the Donald V. Adams Leadership Institute, as well as by students in the overall University community.

For more information on this announcement, view the complete press release about the Richard Sussman/Mr. Steam donation or email us.


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