The Rustandy Building represents a new era of collaboration and innovation on the CU Boulder campus—and our commitment to generate a positive disruption in higher education. To that end, we are breaking down traditional disciplinary boundaries in order to actively foster crossfunctional competencies in our students.
Ultimately, we are redefining how tomorrow’s leaders drive meaningful change in the world.
Tour the Rustandy Building The Story
“Receiving the Business at Leeds magazine, which describes the impending Rustandy Building opening and facilities, inspired me to finalize my investment in the project. I just couldn’t let this train leave without me!”
–Keith Dahl ’78, Rustandy Building supporter
Thank You to Our Donors
The Business and Engineering partnership and Rustandy Building are made possible by donors like you. We thank you for your support.
The Anschutz Multipurpose Event Space
The Anschutz Foundation is proud to partner with the University of Colorado. Through its work, the foundation strengthens individuals and communities and improves the quality of lives.
The Anschutz Foundation is committed to advancing economic prosperity in the state of Colorado. Its grantmaking is focused on health and wellness, human services, youth development and education, quality of life and development, and values and relationships.
Founder Philip F. Anschutz is an entrepreneur whose business ventures have included energy, railroads, telecom, hotels, sports and entertainment. His son, Christian, is a CU Boulder alumnus and founder of Western Development Group in Denver. Christian serves as president of The Anschutz Foundation and has served several terms on the Leeds Advisory Board.
Dan and Cindy Caruso are passionate advocates for innovation, entrepreneurship and diversity at CU Boulder and have been transformative supporters of the university for more than a decade.
Dan Caruso is the founder and CEO of Boulder-based Zayo Group Holdings, a global provider of communications infrastructure services. As a leading employer in the state of Colorado, Dan has championed the CU Boulder partnership to help fuel the economy.
Cindy is the co-founder of the Caruso Foundation, which she launched with her husband Dan Caruso. The Caruso Foundation's vision is to promote and grow the entrepreneurial community. Cindy serves on the Advisory Boards of the Leeds School of Business and the Center for Women's Health Research at CU Anschutz.
They are committed to ensuring that Boulder remains a global hub for innovation and entrepreneurship forever.
The Don and Lorraine Freeberg Foundation supports organizations primarily focusing on education, healthcare, children, and veterans by funding capital improvements and programs. The Foundation continues the philanthropic legacy of the founders of Sierra Land Group, Inc. and concentrates its support in the geographic locations where the company does business.
Al and Carol-Ann Olson attended the Leeds School of Business more than 50 years ago, but they can still recall feeling at home when they first stepped on campus. Al obtained a bachelor’s degree in finance from the University of Colorado Boulder in 1962 and a Juris Doctor degree from the University of Michigan Law School in 1965. Carol-Ann graduated from the University of Colorado Boulder in 1964 with a degree in Sociology.
Business has always fascinated Al, beginning with the paper route and lawn cutting businesses that he and his brother (also a Leeds alumnus) had growing up. When Al graduated from law school, he joined a business law firm in Chicago. His career encompassed many client successes and multiple firm management roles, including serving as its vice chair during its growth to 14 offices in the U.S. and Europe. He believes his CU education was the foundation of that career.
Al and Carol-Ann have long believed that a life well lived means nurturing the next generation, and they have put this belief into practice through extensive support of CU students. They take great pride in CU and the entrepreneurial spirit at the Leeds School of Business.
Walter A. Koelbel was born and raised in Muskegon, Michigan. Immediately after graduating from high school, he enlisted during World War II, and was sent to CU Boulder with the Navy’s V-12 program. As the war came to an end, he was honorably discharged from the Navy in 1946 and returned to Boulder and graduated with a business degree from the University of Colorado in 1947.
After a difficult job search, Walter was hired at Moore Realty, and three years later in 1952 he founded Koelbel and Company. Today, his company is one of Denver’s most respected and longest continually operating development firms, built on his vision to create major real estate projects, and his dedication to civic programs and philanthropy.
Walter’s son Buz Koelbel joined the company in 1976 and became president in 1985. Like his father, Buz has remained committed to serving the communities where he works, and he has served on many community service organizations such as the Urban Land Institute, the CU Real Estate Center, and the Denver Museum of Nature and Science.
During Buz’s time as president of Koelbel and Company, he has guided many of the premier residential, commercial, and retail projects in the Denver Metro area, as well as developments in Colorado mountain communities. He has also grown the company into a leader in affordable housing for low- and moderate-income Coloradans.
Walter and Buz’s belief in supporting the community and particularly education, is continuously shown in Koelbel and Company’s lasting ties to the University of Colorado. In 2007, the Leeds School of Business building was named the Koelbel Building, recognizing a partnership that has benefited both the company and the state of Colorado. Carl Koelbel, Leeds School MBA’10, joined the ranks of the CU family along with joining Koelbel and Company in 2010.
Throughout his life, Walter always respected the land that made him successful, recognizing that what he did affected how everyone lived, worked, shopped, studied, worshiped, and traveled. Under the leadership of Buz and Carl, these same principals continue to guide the family business.
Sapp Family Seminar Room
The Sapp family is committed to encouraging the success of the next generation through collaborative education and mental wellness. The Sapps, a two-generation Buff family, have a love for the intellectual curiosity that the University of Colorado inspires.
Shari Sapp graduated from the Leeds School of Business in 1984 with a degree in finance, which was essential to her venture capital and non-profit work in the UK and US. Her husband, Rick, graduated from Stanford University and spent most of his career with Goldman, Sachs & Co.
The Sapps believe in and support higher education with a special connection to their alma maters. Shari and Rick engage generously in philanthropy and also serve on volunteer and leadership boards.
Tandean Rustandy has dedicated his life to helping advance his native Indonesia, and the broader world, through his business practices and supporting education as a pathway to a better future. Coming from humble beginnings in a small town in Indonesia, Rustandy had a transformational experience while attending the University of Colorado Boulder. He describes his education as a foundation for the values of loyalty and pride that still inspire him today.
“Leeds not only taught me entrepreneurial thinking, but more importantly, it taught me that you can create something from nothing, and that ‘something’ should have value,” says Rustandy. “Value is the light you create, the way you give back.”
Rustandy obtained his Bachelor of Science from the Leeds School of Business and Master of Business Administration from the University of Chicago Booth School of Business. He is the founder and chief executive officer of PT Arwana Citramulia Tbk., one of the best-performing ceramic tile manufacturing companies
in the world and one of the most successful firms in Indonesia. He sets high standards for ethics and accountability, providing benefits that other firms in Indonesia typically do not provide, such as education, health care and child care. Rustandy is committed to doing business in ways that enable him to make a
difference, not just a profit.
Rustandy credits his success to his CU Boulder degree and, along with his wife Susan, seeks to create more educational opportunities for the next generation of global business leaders.
In his words, “Without CU Boulder and Leeds, I would not be who I am today. I was the first of my family to go to college, and now it’s important that I give back to CU. It’s not about me as an individual and my success, but it’s about the success of the institutions that help create us. This is the legacy I want to leave.”
George and Judy Writer Seminar Room
George Writer has been to the mountaintop, and he’s also seen the valley.
After graduating from the University of Colorado in 1957 and serving as an officer in the US Navy, Geoie founded the Writer Corporation in 1965. The success of the Writer Corporation was based on the philosophy of developing communities that integrated parks and open space with diverse housing types. Geoie, known as a legend in the Colorado building industry, also built Writer Square, a downtown Denver mixed use development.
Geoie has provided critical guidance and oversight in the long-term development and evolution of the Leeds School and the University of Colorado Boulder, especially in areas related to ethics and social responsibility. For this and other accomplishments, he was recognized with the George Norlin Award for outstanding alumni and the Leeds Distinguished Alumni and Service Award.
A Partnership for Today and Tomorrow
The Business and Engineering partnership took shape with the input of industry partners. This dynamic, forward-looking collaboration will evolve as the business challenges of the future redefine the teams and skills necessary to lead change. The convergence of the business and technology sectors, and the value of developing talent that is comfortable working across these sectors, will always remain a key driver of our partnership.
The Business and Engineering expansion provides opportunity for the two schools to come together for curricular collaboration, such as:
Likewise, the Business and Engineering expansion provides opportunity for the two schools to come together for programmatic collaboration, such as: