bank’s charitable foundation to Wartburg President Darrel Colson as part of the Transforming Tomorrow campaign’s Waverly Community Appeal.
The gift is part of the campaign’s Waverly Community Appeal, which raised about $5.25 million.
“Lincoln Savings Bank believes in investing in future generations with our financial support,” said Erik Skovgard, the bank’s CEO. “We are proud to support the efforts of Wartburg College and the Clinton Hall campaign.”
Lincoln Savings Bank, founded in 1902, has operated a branch in Waverly since 2009. The LSB Foundation was created in 2005 to oversee charitable giving in the communities served by the bank’s 21 locations, which provide financial, mortgage, real estate and insurance services.
“Just like Lincoln Savings Bank, Wartburg College takes pride in serving the greater Cedar Valley and contributing to the quality of life for the communities and residents of northeast Iowa,” said Scott Leisinger, Wartburg College vice president for institutional advancement. “The partnership we receive from business leaders is critical, and we’re grateful for the generous support of LSB in helping to create and enhance opportunities for our students to live their learning and claim their calling.”
The $75 million Transforming Tomorrow campaign includes $37 million for scholarships, $14 million for infrastructure and technology improvements, $16 million for academic support programs and $8 million for the annual fund.