IE Business Daily Business news for the Inland Empire.
The University of Redlands contributes $125.7 million annually to the city of Redlands’ economy, and $185.6 million to the larger economy of San Bernardino.
The university’s students also donate more than 100,000 hours of community service a year, including child mentoring, work-study tutoring and other services, according to the school’s recent financial impact study.
That works out to more than $2.4 million worth off service annuallly. An estimated 44,500 people visit the campus every year.
“We value our strong ties to our local community,” said university President Ralph W. Kuncl in the statement. “The university’s economic impact includes $72,000 in rental fees we subsidize for local organizations annually. Over the last two decades, we have also donated nearly $900,000 in direct gifts to the City of Redlands for vehicles, fire trucks, and library assets.”
