Indiana University Receives $40 Million Gift to Renovate Athletics Facility

Indiana University Receives $40 Million Gift to Renovate Athletics Facility

has announced a $40 million gift from alumna Cindy Simon Skjodt and the toward renovation of Assembly Hall, the university's famed sports facility.

The gift — the largest ever received by the IU department — also will serve as the lead gift in the public phase of a $150 million capital campaign for IU Athletics, a campaign that Simon Skjodt serves as co-chair. Upon completion of the renovations, the facility will be renamed Simon Skjodt Assembly Hall.

The renovations and improvements to the 42-year-old facility include a new entryway, escalators, and a dramatic atrium in the south lobby; new and renovated bathrooms; a large video scoreboard to replace the current bifurcated scoreboard; and box-seat-style seating. Behind the scenes, the facility also will receive infrastructure upgrades, including a new heating/air conditioning system and state-of-the-art broadcast technology center.

Simon Skjodt has a long history of giving to her alma mater, including $50 million in support of the Melvin and Bren Simon Cancer Center in Indianapolis and establishing Simon Hall on the Bloomington campus as a center for multidisciplinary science; she also created the Melvin Simon Chair in Philanthropy at the in honor of her late father. A 1980 graduate of IU, Simon Skjodt serves on the boards of , the , the , the , the , the , and .

"I grew up going to Indiana University games and have great memories of watching basketball games with my father," said Simon Skjodt. "The atmosphere in Assembly Hall is truly unmatched anywhere in college basketball. Everyone in our family has enjoyed incredible experiences with Indiana University. We feel fortunate for our IU relationships, and it is rewarding to give back. We hope others in Hoosier Nation who are able to do so will also give back to help make the Catching Excellence campaign a success."

"." Indiana University 12/19/2013.