Principal donates $2.5 million to Drake campaign
Principal Financial Group Inc. will donate $2.5 million over the next five years to Drake University as part of the school’s distinctlyDrake $200 million fund-raising campaign.
Drake will change the name of its Center for Global Citizenship to The Principal Financial Group Center for Global Citizenship.
The donation will support the university’s Internationalization Strategic Plan, which calls for Drake to recruit more international students, faculty and staff and increase access to study-abroad programs.
Principal Chairman, President and CEO Larry Zimpleman, a Drake graduate, also made a $1 million donation.