2011 Philanthropists of the Year—Terrence M. Pegula '73 and Kim Pegula

PHILANTHROPIST OF THE YEAR Terrence M. Pegula ’73 and Kim Pegula To Terrence M. and Kim Pegula for their “We feel extraordinarily fortunate to Pa., a blue-collar town in northeastern and Colorado. The company was historic support of Penn State and passion have had great success due to the Pennsylvania, which is the site of the first acquired in July 2010 by Royal Dutch Shell. for ice hockey. exceptional management and employees underground coal mine in the United of East Resources Inc.,” said Terry Pegula. States. His parents valued education and Kim Pegula, a graduate of Houghton "We want to share our success with the September 2013. Thirty-six months after scraped together enough money to send College, also has been involved with East people of Pennsylvania and with the very the announcement of their historic gift him to Scranton Preparatory School, an Resources since 1991 and is a founder, institution that helped me obtain the of $88 million to Penn State, Terry and all-boys high school 15 miles from his along with her husband, of Black River tools to launch my career. This facility Kim Pegula’s dream, one shared by many home, which Terry Pegula hitchhiked to Music Group in Nashville, Tenn., and will be a resource for all of the residents others, will come true—watching and from daily. Ayrault Sports Agency in Charlotte, N.C. of Central Pennsylvania.” Division I men’s and women’s collegiate hockey in a state-of-the-art ice facility Following high school, he attended The Pegulas live in Boca Raton, Fla., The Pegulas’ gift also began the process at Penn State. Penn State Worthington Scranton for and are life members of the Penn State of upgrading Penn State’s men’s and two years before transferring to Alumni Association. They have five women’s ice hockey teams from club The Pegulas’ gift announcement in University Park. He earned a bachelor’s children: Michael, Laura, Jessica, Kelly, sports to Division I intercollegiate teams, September 2010 set into motion a flurry degree in petroleum and natural gas and Matthew. by endowing 18 student-athlete of activity on multiple fronts. It launched engineering in 1973. In his senior year, scholarships. The Big Ten recently the process to design and construct a Terry Pegula fell in love with ice hockey, announced that it will establish men’s ice new ice arena at University Park, slated going on to coach his oldest son’s team hockey as an official conference sport, for opening in September 2013. The and eventually realizing his dream of with Penn State as one of the six Pegula Ice Arena will be the only major owning his own NHL team, the Buffalo institutions that will compete during the rink within an 80-mile radius and will be Sabres this past February. 2013–14 academic year. on par with the best collegiate facilities in the nation. The facility will be built on A decade after graduating, Terry Pegula “The Pegulas’ unparalleled generosity the corner of Curtin Road and University started East Resources Inc., with a will make it possible for Penn State to Drive, directly west of the Bryce Jordan modest loan from his family and friends serve our region and our student- Center, and will include two ice sheets and built it into one of the largest athletes in exciting new ways,” said and other features that will allow it to privately held, independent natural gas Penn State President Graham Spanier at be used for a broad range of campus exploration and development companies Philanthropist of the Year the gift announcement. and community activities, from in the United States. East Resources, commencement ceremonies to based in Warrendale, Pa., grew to own Terry Pegula’s love of both Penn State kinesiology classes to public skating and operate more than 2,500 producing and ice hockey started at a young age. sessions to professional ice shows oil and gas wells throughout He was born and raised in Carbondale, and hockey games. Pennsylvania, West Virginia, New York,.

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