Belt Family, Belt Group Commit Generous Gift to Frostburg State University
Carl “Bucky” Belt, president of the Belt Group of construction companies in Maryland, is a member of the steering committee for Staking Our Claim: The Campaign for Frostburg, which is working to raise $15 million in support of FSU by 2011.
“We see the need for FSU to remain a healthy, growing institution and we want to help carry that legacy forward for others to benefit and enjoy,” said Bucky Belt. “We believe FSU is an important asset to our community because it offers first-class educational opportunities at a value to local and regional Maryland residents.”
“As one of the larger employers in the area, FSU is a major economic engine and cultural center within our community,” said Jane Belt.
More than half of the gift will go to support athletics. FSU has 21 Division III varsity athletic teams. Division III schools cannot grant scholarships based on athletic merit, so FSU’s student-athletes must fund their education under the same terms as every other Frostburg student.
The rest of the Belts’ gift will go to unrestricted funds, which provide the institution with the flexibility required to address the most pressing needs as they appear.
The Belt family and companies have a long history with Frostburg State University, including Bucky Belt’s father, Carl Belt Sr., who was among the founding members of the FSU Foundation and whose company built many of the buildings on the campus during the 1960s and 1970s.
Tags: May 2009
