The Charles Koch Foundation has awarded a $2 million grant to Lindenwood University in support of the John W. Hammond Institute for Free Enterprise in the University’s Robert W. Plaster School of Business & Entrepreneurship.
University President Michael D. Shonrock, Ph.D., said the grant is the largest received in Lindenwood history. He said the funds will advance the Hammond Institute’s goals to foster free enterprise and civil and religious liberty through the examination of market-oriented approaches to economic and social issues.
Roger Ellis, dean of the Robert W. Plaster School of Business & Entrepreneurship, said the grant will support research, conferences, and speakers at the Hammond Institute. He said the institute, which is directed by Dr. Howard Wall, plans to use a portion of the grant funds to hire new faculty and an administrator.
“We were excited when Lindenwood approached us for support, given the good work the scholars there are doing to better understand critical barriers to opportunity that stand in the way of success for so many in today’s society,” said Charles Koch Foundation President Brian Hooks.