Omaha businessman donates $3M to Iowa college

SIOUX CITY, Iowa (AP) — An Omaha businessman has donated $3 million to his alma mater in northwest Iowa, Morningside College.

College President John Reynders says the gift from Norman Waitt Jr. and his Kind World Foundation will help the school with its $12 million renovation of Dimmitt Residence Hall. The dorm houses nearly 400 students during the academic year.

Waitt is founder and chairman of Waitt Co., an investment company with headquarters in Omaha. He graduated from Morningside in 1986 and is a member of the college board of directors.

Morningside was founded in 1894 and sits on 68 acres in Sioux City. It’s a private, four-year school affiliated with the United Methodist Church and has an enrollment of around 1,200 full-time students.

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