La Sierra Uni­ver­sity has responded to con­cerns regard­ing its nam­ing of the Edward C. Allred Cen­ter of Finan­cial Lit­er­acy and Entre­pre­neur­ship that have cir­cu­lated in recent days with the fol­low­ing press release.

Web­sites cov­er­ing the story include Chris­tian­ity TodayWorld­Net­Daily, The Chris­t­ian Post, Advin­di­cate, Life Site News, Cal­i­for­nia Catholic Daily, and Reli​gious​Lib​erty​.TV among others.

From Larry Becker, Pub­lic Rela­tions, La Sierra Uni­ver­sity:

Dr. Edward Allred has a long­stand­ing belief that young peo­ple need bet­ter prepa­ra­tion to meet the world’s eco­nomic chal­lenges through devel­op­ment of per­sonal finan­cial man­age­ment skills. This belief led him to pro­vide finan­cial sup­port for a new Cen­ter for Finan­cial Lit­er­acy and Entre­pre­neur­ship at La Sierra University.

This gift reflects Dr. Allred’s sup­port for the qual­ity of edu­ca­tion offered through the School of Busi­ness. The dona­tion has enabled School of Busi­ness fac­ulty mem­bers to develop an online cur­ricu­lum and host on-campus busi­ness camps and work­shops for teach­ers and stu­dents. The Cen­ter was estab­lished in 2010

Dr. Allred is an alum­nus of La Sierra, and has con­tin­ued to fol­low the University’s activ­i­ties through the years. He remains active in the Seventh-day Adven­tist Church. La Sierra Uni­ver­sity is one of many Seventh-day Adven­tist insti­tu­tions and church orga­ni­za­tions through­out North Amer­ica that have ben­e­fited from his phil­an­thropic giving.

The University’s Nam­ing Pol­icy says, “Nam­ing Oppor­tu­ni­ties pro­vide a means to honor per­sonal con­tri­bu­tions, ser­vice, and achieve­ment of the hon­oree as well as their con­tri­bu­tion of resources to sup­port the Uni­ver­sity.”  Each pro­posal is con­sid­ered on its own mer­its. To respect each donor’s right to pri­vacy, the doc­u­men­ta­tion and dis­cus­sions relat­ing to each pro­posal are confidential.

La Sierra Uni­ver­sity ben­e­fits from the gen­eros­ity of a wide vari­ety of donors—Adventist and non-Adventist. The Uni­ver­sity val­ues each gift as a donor’s expres­sion of sup­port for its efforts to pro­vide the best pos­si­ble Adven­tist edu­ca­tion to our students.