The president of a Waverly-based manufacturing technology company has committed to donate $10 million to the University of Northern Iowa, the Corridor Business Journal reported. The gift from David and Karen Takes was announced at the Iowa Board of Regents meeting on Thursday. David Takes, president of Doerfer Cos., is a member of the UNI Foundation’s board of trustees and served as board chair in the past. “As longtime residents of Cedar Falls and as a proud alum, we are extremely grateful for everything the University of Northern Iowa and Panther Nation have brought to our family and our community at large,” he said in a news release. Doerfer is a designer, manufacturer and integrator of factory automation systems and related equipment. A portion of the donation will be invested in the Takes Endowment, an endowment the couple established in 2015 to support UNI Business students gaining international experiences and increase cultural intelligence. The gift will also support the UNI Mascot Outreach Endowed Fund, which supports TC and TK, the university’s mascots, and the students who lead the mascot program. Additional portions of the Takes’ gift will support future capital projects for the university.