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PINEVILLE — Joe Aguillard announced a $10 million donation to Louisiana College on Wednesday, less than 24 hours after the Board of Trustees voted by a narrow margin to retain him as president of the private Baptist school.
In addition to announcing the donation — which he called the largest single donation in the history of the 106-year-old college — at a news conference, Aguillard also spoke at a faculty meeting Wednesday morning and a student meeting in the afternoon.
The donation is expected to be given over a five-year period with a “significant amount up front,” Aguillard said.
“The donors, a Baptist couple who wish to remain anonymous, made the donation as a reflection of their trust in leadership of President Aguillard,” the school said in a statement issued at the news conference.
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