SOURCE: The Ronald Reagan Presidential Foundation

The Ronald Reagan Presidential Foundation

March 02, 2015 13:25 ET

Ronald Reagan Presidential Foundation Receives Major Gift From Ben Sutton

SIMI VALLEY, CA--(Marketwired - Mar 2, 2015) -  The Ronald Reagan Presidential Foundation announced today a major gift from IMG College Chairman and President, Ben Sutton. The $5 million gift will be earmarked for promoting the ideals, vision and leadership example of Ronald Reagan to future generations through youth education and academic alliances, scholarly work, and substantive, issue-driven forums.

"This generous donation from Ben and his family allows us to promote my husband's legacy of leadership on a broader level," said former First Lady Nancy Reagan. "Ronnie accomplished so much in his lifetime, but I know that even after we left the White House he felt there was always more to do. Ben's gift will help the Foundation to take on some new important projects."

"Ronald Reagan invested the largest part of his life to the cause of freedom. He saw it as the most fundamental and precious privilege -- and responsibility -- of being an American," said Sutton. "It is our family's great honor to be able to support the development of the new Reagan Institute to perpetuate the proven and timeless ideals for which both President and Mrs. Reagan stand."

Mr. Sutton's gift will help to support the Reagan Foundation's new Reagan Institute offices and programmatic efforts in Washington, D.C.

Ben C. Sutton, Jr. is chairman and president of IMG College, a division of IMG. He oversees the day-to-day operations and development of the IMG College enterprise, the largest collegiate sports marketing company in the nation. A graduate of Wake Forest and the Wake Forest School of Law, Sutton serves on numerous boards, including those for Wake Forest University, IMG Worldwide, Inc., The Ronald Reagan Presidential Foundation, the National Football Foundation, and the Naismith Memorial Basketball Hall of Fame.

The Ronald Reagan Presidential Foundation is the non-profit, non-partisan organization whose mission is to promote the legacy of Ronald Reagan by convening, educating and engaging people around the world in his core principles of freedom, economic opportunity, global democracy and national pride. The Reagan Foundation sustains the Ronald Reagan Presidential Library and Museum, the Reagan Center for Public Affairs, the Walter and Leonore Annenberg Presidential Learning Center and The Air Force One Pavilion. Located in Simi Valley, California the Library houses 63 million pages of Gubernatorial, Presidential and personal papers and over 60,000 gifts and artifacts chronicling the lives of Ronald and Nancy Reagan. It also serves as the final resting place of America's 40th President. www.reaganfoundation.org

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