The new two-year college is slated to open in July adjacent to the Marian University campus in Indianapolis.
The proceeds from the dinner will support the renovation of Schwietermann Hall, which will be the first residence hall to be used with the re-opening of the Rensselaer campus.
Wanda Butler was last seen in Rensselaer.
The Saint Joseph's Phoenix Project hopes to reopen college by fall 2018.
The alumni association says it is awaiting an updated total on donations and could decide next week on its next steps.
Alumni say they knew little about the college's financial straits before the board of trustees decided Feb. 3 to close for at least the 2017-18 school year.
Judy Moore, 70, was accused of killing 77-year-old Trula Alliss in 2015.
Public documents show the Higher Learning Commission placed the college on probation in November until 2018.
The Jasper County Sheriff’s Office said the child was diagnosed as “failure to thrive” at Riley Hospital for Children’s at Indiana University Health.
Pence met Wednesday with farmers in Jasper County and planned to meet with farmers in Cass County.