Dear Colleagues:<\/p>\n\n\n\n
As mentioned on today\u2019s open call, an anonymous donor has committed $21 million to Monmouth in support of high-achieving students facing financial hardship. This tremendous scholarship gift \u2013 the largest in the University\u2019s history \u2013 will help recruit and<\/em> retain deserving students with financial need, changing the life trajectory of scholarship recipients for generations to come.<\/p>\n\n\n\n This gift is wonderfully emblematic of our University\u2019s enduring commitment to educational access, and I am incredibly grateful to the donor for their endorsement of our mission. Please see the below press release to learn more about this transformational gift.<\/p>\n\n\n\n Sincerely,<\/p>\n\n\n\n Pat<\/p>\n\n\n\n Dr. Patrick F. Leahy Outright gift of $21 million will expand educational access.<\/em><\/p>\n\n\n\n \u201cThis transformational gift is a true game-changer for our students,\u201d said Monmouth University President Patrick F. Leahy. \u201cPromoting and supporting social mobility is one of the most important things we can do in higher education, and this commitment is squarely aligned with Monmouth University\u2019s ambition to integrate academic excellence and educational access like no other university in our category. We are extremely grateful that our generous benefactor shares this commitment.\u201d<\/p>\n\n\n\n According to Amanda Klaus, vice president for University Advancement, the gift will be structured with $20 million dollars invested in a perpetual endowment, and $1 million deployed for immediate scholarship use\u2014all with the intention of supporting academically high achieving students at the greatest financial risk.<\/p>\n\n\n\n \u201cThis historic gift will have an immediate impact at Monmouth University,\u201d said Klaus, who is an alumna of Monmouth. \u201cBut its true benefit will be demonstrated when we see deserving students graduate and succeed in careers of their choice that will help provide them with long-term financial security, allowing them to transform their lifelong personal and financial trajectories. This is the real power of education and I hope this lead gift will inspire others to support scholarships.\u201d<\/p>\n\n\n\n Leahy emphasized the short-term and long-term benefits of the scholarship funds: \u201cThis gift will allow our students to unleash their potential immediately, and just as importantly, it creates the possibility for generational impact through social and economic mobility,\u201d he said.<\/p>\n\n\n\n ###<\/p>\n","protected":false},"excerpt":{"rendered":"excerpt","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"episode_type":"","audio_file":"","transcript_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","itunes_episode_number":"","itunes_title":"","itunes_season_number":"","itunes_episode_type":"","footnotes":""},"categories":[10],"tags":[40],"class_list":["post-3084","post","type-post","status-publish","format-standard","hentry","category-messages","tag-2022-2023-academic-year"],"_links":{"self":[{"href":"https:\/\/www.monmouth.edu\/president\/wp-json\/wp\/v2\/posts\/3084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.monmouth.edu\/president\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.monmouth.edu\/president\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.monmouth.edu\/president\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.monmouth.edu\/president\/wp-json\/wp\/v2\/comments?post=3084"}],"version-history":[{"count":4,"href":"https:\/\/www.monmouth.edu\/president\/wp-json\/wp\/v2\/posts\/3084\/revisions"}],"predecessor-version":[{"id":3093,"href":"https:\/\/www.monmouth.edu\/president\/wp-json\/wp\/v2\/posts\/3084\/revisions\/3093"}],"wp:attachment":[{"href":"https:\/\/www.monmouth.edu\/president\/wp-json\/wp\/v2\/media?parent=3084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.monmouth.edu\/president\/wp-json\/wp\/v2\/categories?post=3084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.monmouth.edu\/president\/wp-json\/wp\/v2\/tags?post=3084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
President<\/p>\n\n\nMonmouth University Announces Largest Gift in Its History<\/strong><\/h2>\n\n\n
WEST LONG BRANCH, N.J. (March 27, 2023) \u2013 Monmouth University is pleased to announce the largest single gift in its 90-year history, an outright gift of $21 million from a donor who has chosen to remain anonymous. The gift will establish a new scholarship program that will aid undergraduate students who meet specific academic and financial criteria by helping provide access to a private university education that would otherwise be financially challenging or unattainable for them.<\/p>\n\n\n\n