The Commercial-News, Danville, IL

July 25, 2013

Hegeler helps DACC again

The Commercial-News

---- —

Danville Area Community College officials, staff and students -- along with area taxpayers -- must be ecstatic with the $3 million donation from the JText ColorSwatch/NoneStrokeStyle/$ID/SolidText ColorSwatch/NoneStrokeStyle/$ID/Solid$ID/NothingText ColorText Color$ID/NothingText ColorText Colorulius W. Hegeler II Foundation. The money will be used to expand the college's technology center, which will allow it to remain at the forefront of choices for students of all ages looking to earn advanced degrees or improve their job skills. Hegeler, whose family once owned a large industrial operation in Vermilion County, has shown his generosity in the past with gifts to several local organizations. He has shown a particular interest in improving DACC's campus and course offerings. His latest gift is one of several made to the college. Those investments in improving local education opportunities will pay dividends for local residents for decades to come. Improved facilities at DACC not only serve the school's students well, but they also can serve as an attraction for industry to the area. When company officials know there is good training opportunities for potential employees nearby, it gives Vermilion County an advantage over other potential sites. Hegeler's gift of $3 million will go to DACC after his death. In the meantime, he also agreed to pay $100,000 a year in interest on $3 million in funds DACC trustees approved Tuesday. Money from the bonds will allow the school to begin renovations as soon as possible. Such large gifts save taxpayers money, expand opportunities for students, enhance DACC's campus and serve as an asset to local industry. We add our appreciation to Hegeler's gift and look forward to seeing its benefits in the community.