/Kingland gift supports expansion to the Gerdin Business Building

Kingland gift supports expansion to the Gerdin Business Building

Kingland gift supports expansion to the Gerdin Business Building

2019-11-25T15:23:22-06:00 November 18, 2019|

$3 million Kingland gift supports expansion to the Gerdin Business Building at Iowa State University

 

Ames, Iowa – Kingland, based in Clear Lake, Iowa, and David and Deb Kingland recently committed $3 million in support of an expansion to the Gerdin Business Building at Iowa State University.

Kingland is a leading provider of data management and regulatory compliance software for large, global audit, finance, insurance and retail companies. David Kingland, chief innovation officer and chairman of Kingland, and his wife, Deb, are 1980 graduates and longtime supporters of Iowa State University. David Kingland has served on the Ivy College of Business Dean’s Advisory Council since 2009. Together, the couple chairs the Ivy College of Business campaign cabinet for the Forever True, for Iowa State campaign.

The Kingland contribution, along with other private gifts, will provide support for a $28 million addition to the Gerdin Business Building that is currently underway. The three-story facility will add 45,000 square feet of space to the existing building and is scheduled for completion in fall 2020.

The gift combines support from David and Deb Kingland and from Kingland. “Iowa State is a wonderful institution – the people, the faculty and the staff – and we want to support their work in helping prepare the next generation of students for the promising opportunities here in Iowa and elsewhere,” said David Kingland. “Many of our management and technical employees in our Clear Lake and Ames offices are Iowa State graduates. Not only do we want to show our gratitude, but we also want our employees to share in the pleasure of giving back to Iowa State.”

Said Todd Rognes, CEO at Kingland and a 1985 Iowa State alumnus, “Kingland has a long history of positive interaction not only with the university, but with the Ivy College of Business. We are proud to have been the leading internship employer at the college for the past decade and we want to support the college as it continues to grow and thrive.”

In 2017, Kingland made a gift of $1.5 million in support of named faculty chairs and scholarships in data analytics and entrepreneurship across the Ivy College of Business, the College of Liberal Arts and Sciences and the College of Engineering.

“We are so grateful for the visionary generosity of Kingland and David and Deb Kingland,” said David Spalding, the Raisbeck Endowed Dean of the Ivy College of Business. “Through their partnership with Iowa State, they are helping to prepare and inspire the students who will become the workforce of the future for Iowa.”

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Kingland develops and manages enterprise-class software solutions using its Kingland Platform and teams of data and technology experts. Leading public accounting firms, banks, broker dealers, asset managers, financial utilities, insurance companies and retailers look to Kingland to create solutions for data management, risk management, regulatory compliance, independence, customer insight challenges and more. The Kingland Platform is a highly secure, cloud-optimized suite of software ranging from text analytics capabilities including artificial intelligence, natural language processing and machine learning, as well as enterprise data management, analytics and enterprise workflow capabilities. For over 25 years, Kingland’s managed solutions have helped data-intensive, highly regulated clients discover new ways to securely grow their business and protect their reputation. For more information, please visit www.kingland.com.

The Iowa State University Foundation is a private, nonprofit organization committed to securing and managing gifts that benefit Iowa State University. The Forever True, For Iowa State campaign, with a historic goal to raise $1.5 billion, will help support Iowa State in becoming the premier land-grant university for the 21st century and beyond.

 

Contact:

 

Vernon Johnson, media relations, Kingland, 641.355.1000, vernon.johnson@kingland.com

 

Elaine Watkins-Miller, communications, Iowa State University Foundation, 515.294.1005, ewmiller@foundation.iastate.edu