MOORHEAD, Minn. (KFGO-AM) - A prominent Fargo business owner and his wife are donating $5 million to Minnesota State University-Moorhead.
The endowment from Rodney and Carolyn Paseka will be used mainly for scholarships, plus other items including student/faculty research and program development.
MSU-Moorhead President Anne Blackhurst announced the gift at the newly-renamed Paseka School of Business.
Paseka is the owner of Hebron Brick Company of Fargo, which distributes bricks in 40 states and Canada. The company grew from $4 million in sales in 1999 to $40 million last year.