Former Dutch Bros CEO Joth Ricci, along with his family, has pledged a generous $3 million donation to Oregon State University, with equal distribution supporting the men's and women's basketball programs. This significant endowment aims to provide ongoing financial resources, enhancing the athletic programs and ensuring their sustainability over time.
The donation, announced by Oregon State's athletics department, comprises $1.5 million allocated to each of the men's and women's basketball teams, reinforcing Ricci's commitment to his alma mater and its sports initiatives.
Ricci’s endowment is designed to benefit the entire Oregon State athletics community, aiming to generate expendable resources indefinitely, thus bettering the men's and women's basketball programs for future generations.
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