Give to 'Berg: Office of Development & Alumni Relations
GIFTS TO ENDOWMENT
Contact: The Office of Development and Alumni Relations at 484-664-3247 or email@example.com.
Talk to graduates or students about Muhlenberg, and the first thing they mention is the people: the warm welcome they received when they first set foot on campus, the small classes where faculty members knew them by name, the lifelong friendships they forged with classmates. This care and concern for the people of Muhlenberg is a fundamental and enduring value.
The $39.8 million that was added to Muhlenberg's endowment during The Talents Entrusted to Our Care Campaign helped to fund endowed professorships, scholarships and general financial aid, so that we can ensure that those who want to be Muhlenberg students can be Muhlenberg students, regardless of their financial situation.
One of the key ways Muhlenberg, or any college, invests in its people is through its endowment. A healthy endowment is like a perpetual savings account that annually generates interest income for student scholarships, faculty salaries and professional development, innovative academic programs, campus improvements and other initiatives.
Endowment Spending Policy
Muhlenberg College follows a strict spending policy determined by the Finance and Investment Committee of the Board of Trustees.
Named Scholarship & Financial Aid Funds
Muhlenberg currently awards approximately $28.4 million in financial aid funds to students who cannot afford to attend the College. A named scholarship fund provides financial assistance for students who might otherwise not be able to benefit from a Muhlenberg education.
The Marino Scholarship
Within days of Coach Frank Marino's passing on January 5, 2011, a group of trustees, alumni, former athletes, administrators and friends of the Marinos decided to raise funds to establish a scholarship in honor of both Frank and Carroll. The scholarship will be called The Frank and Carroll (“Coach and Mrs. Coach”) Marino Scholarship.
The Legacy Scholarship program allows donors of nearly all capacities to establish a scholarship by making: a four-year commitment of at least $1,500 per year to a general named scholarship, and a commitment to establish an endowed scholarship fund with either a current or deferred gift.
Endowed Funds for Faculty Support
Muhlenberg College has a reputation for faculty who take an interest in scholarly pursuits in addition to making classroom teaching a primary focus. In order to attract and retain the most outstanding faculty members, increasing the number and magnitude of endowed faculty funds is an important priority for the College.
Additional Endowed Funds
Additional endowment funds may be established for almost any purpose from athletics to campus beautification to academic support to equipment and technology.