Penn State has received a $25 million donation, the second-largest gift in athletic-department history, for the planned $700 million renovation of Beaver Stadium.
Penn State has received a $25 million donation, the second-largest in the athletic department's history, for the upcoming Beaver Stadium renovation that will transform the nation's second-largest stadium. Anthony Misitano, founder and CEO of the Pennsylvania-based PAM Health, made the donation on behalf of his family and company to help fund the planned $700 million project that is underway.
“We are so very grateful to the Misitano family and PAM Health for their generous gift to the Beaver Stadium Revitalization project,” Penn State Athletics Director Patrick Kraft said in a statement. "The Misitano family has a long history with Penn State Athletics and has been unbelievably supportive of a number of sports programs, and this tremendous Founders Gift is another example of their devotion to Penn State.
A view of the ongoing construction at Penn State's Beaver Stadium ahead of the 2024 football season. / Mark Wogenrich/Penn State on SI
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