UNIVERSITY PARK, Pa. – Penn State Athletics received a $5 million gift from former Penn State Board of Trustees Chair Matthew W. Schuyler and his wife, Anne, in December 2024. The gift will support the Beaver Stadium Revitalization project. In recognition of their generous commitment, the West side’s field club in the revitalized Beaver Stadium will be named the Schuyler Family Club.
The Schuyler Family Club will play a key role in making Beaver Stadium a year-round venue as a hub of campus and community activities on non-game days, while also offering a tremendous game day experience. Combined with the Lubert Family Welcome Center and Marzano Club, the Schuyler Family Club will dramatically expand the University’s capacity for offering a complete campus visit experiences to thousands of students and families every year, hosting admissions sessions and events.
“We are unbelievably grateful for the generous gift from the Schuyler family for our Beaver Stadium Revitalization project,” said Dr. Patrick Kraft, vice president for intercollegiate athletics. “During his time as the chair of the Board of Trustees, Matt was a stalwart supporter and champion of Athletics. He has been a vocal leader in this revitalization project, and this tremendous gift shows he understands the importance of Beaver Stadium to our University, community, student-athletes and fans. We can’t thank Matt enough for all he has done in his time with the Board of Trustees to make our student-athlete and fan experience one of the best in the country.”
“Matt and Anne Schuyler have demonstrated unwavering commitment to Penn State and the success of our students over the years including supporting the Lion Ambassadors and Alumni Association, and this new gift further supports our shared vision of transforming our fan and community experience and building campus connection,” said Penn State President Neeli Bendapudi. “Through his term as Chair of Penn State’s Board of Trustees, Matt’s service was the pinnacle of paying it forward, and he recognized that an investment in Beaver Stadium drives economic development throughout the region and the revenues allow 800-plus student-athletes to compete, gain leadership skills and advance their education. The Schuyler Family Club will help further position Penn State as a leader, and we are extremely grateful for this significant contribution.”
The support from the Schuylers and other donors is vital in allowing Penn State Athletics to execute a renovation plan that will not only preserve the rich history of Beaver Stadium but also modernize the facility while making it a year-round venue. The Beaver Stadium Revitalization project will provide increased revenue benefiting all 31 sports programs at University Park and foster economic growth in the region. The Beaver Stadium Revitalization gifts will be recognized inside or outside of Beaver Stadium at the renovation's completion.
“On behalf of our entire family, Anne and I are proud and honored to support the Beaver Stadium Revitalization Project,” said Matt Schuyler. “We know the long-term impact this project will have on not only Penn State Football, but also the entire University and Penn State community. We understand the power of athletics and its ability to bring people together, inspire excellence and create lasting memories. Like so many Penn Staters, our family has enjoyed coming together and reuniting with friends each fall and Beaver Stadium has been the centerpiece of our gatherings. Most importantly, this project will ensure all Penn State fans have a world-class place to celebrate our past and prepare for a bright future as we welcome prospective students, community members and fans for many more decades ahead.”
A 1987 Penn State graduate with a bachelor’s degree in business, Matt was the Chief Brand Officer at Hilton Worldwide, a global hospitality corporation with more than 450,000 employees. Matt was also the Chief Human Resources Officer for Capital One and held senior human resources positions at Cisco Systems and PricewaterhouseCoopers.
Matt served as chair of the Board of the Penn State Board of Trustees from 2020-24. His tenure on the Board of Trustees began in July 2015. He also served as vice chair of the Board from 2017-20. Additionally, Matt’s Penn State volunteer service has included membership on the Board of Visitors of the Smeal College of Business and the College of Information Sciences and Technology and on the School of Hospitality Management Advisory Board. The Penn State Alumni Association honored him with an Alumni Fellow Award in 2013.
About Beaver Stadium Revitalization
In May 2024, the Penn State Board of Trustees approved investing in a $700 million renovation of Beaver Stadium, which will grow revenue-generating opportunities, transform the fan and community experience and fuel the future funding for all 31 athletics programs at Penn State. The approved renovations will enable year-round use of Beaver Stadium, further driving economic growth and development in the surrounding region.
For more information on the Beaver Stadium Revitalization, please visit gopsusports.com/beaverstadiumrenovation.
About Philanthropy at Penn State
Support for the Beaver Stadium Revitalization project advances the University’s historic land-grant mission to serve and lead. Through philanthropy, alumni and friends are helping students to join the Penn State family and prepare for lifelong success; driving research, outreach and economic development that grow our shared strength and readiness for the future; and increasing the University’s impact for families, patients and communities across the Commonwealth and around the world. Learn more by visiting raise.psu.edu.