$15 million new gift from alumni Dwight and Martha Schar to university raises their giving to school to $55 million

Ashland University will launch the largest dormitory renovation project in its history following a record-breaking $15 million gift from alumni Dwight and Martha Schar, the university announced.

The donation brings the Schar family’s lifetime giving to the university to $55 million. The funds are earmarked for comprehensive upgrades to Amstutz Hall, Jacobs Hall, and the first floor of Andrews Hall, with all projects slated for completion by fall 2026.

Dwight Schar, a 1964 graduate and prominent philanthropist in the homebuilding and mortgage industries, said the investment reflects a commitment to his alma mater’s future at a time when many mid-size institutions are facing budget constraints.

“Ashland provided me with an outstanding education and experience that shaped me as an adult,” Schar said in a statement. “I want the current and future students to have the same opportunity and the living environment that reflects the exceptional quality of the Ashland faculty, staff, coaches and academic facilities.”

The renovations will introduce modern amenities to the aging structures, including air conditioning, LED lighting, and “pod-style” bathrooms.

Amstutz Hall, a nine-story building that suffered damage in a November 2025 electrical fire, will undergo the most dramatic transformation. The university said it plans to convert the building into premium housing for students seeking single rooms. Architectural updates include a nine-story glass façade and a penthouse level featuring two-bedroom suites with kitchenettes.

Jacobs Hall, located on the campus quad, will receive similar mechanical and cosmetic updates, while the first floor of Andrews Hall—home to the Ashbrook Scholars program—will be converted into 12 air-conditioned rooms, a film lounge, and study spaces.

Ashland University President Jon Parrish Peede said the gift follows a separate $10 million donation from the Schars for campus beautification and signage.

“Their generosity will allow us to offer a refined residential experience at an affordable price,” Peede said in a statement. “These renovated dorms will enrich our campus community for generations.”