Alumni couple offers scholarship challenge to senior class

UNIVERSITY PARK, Pa. -- Penn State alumni and benefactors Edward R. and Helen S. Hintz have pledged to endow a $50,000 Trustee Scholarship in the name of the class of 2012 if the Senior Class Gift Committee meets a goal of obtaining at least 3,000 pledges to the class gift from seniors by April 15, 2012.

Through the Trustee Matching Scholarship Program, the endowment’s payout will be matched by the University, and all funds will be awarded to students with financial need.

“We hope this challenge will provide an additional incentive to members of the class of 2012 to begin their own philanthropic tradition of giving back to Penn State," said Ed Hintz. "Students will discover that getting involved by giving back can be fun, rewarding, and meaningful."

“During our trips to campus," added Helen Hintz, "Ed and I have met many students who would not be able to attain their degree without financial aid from privately funded scholarships. We want to both continue our support of scholarships and help the class of 2012 reach its own fundraising goal. Next year, we look forward to congratulating the graduating seniors as the University welcomes them to the Penn State alumni family.”

Members of the Senior Class Gift Committee will be soliciting pledges through events, e-mails, and phone calls to students graduating in May, August, or December 2012. Seniors are also encouraged to make a gift at www.SeniorClassGift.psu.edu online.

Allison Shutt, senior class gift overall chair, said that the donor challenge is "an amazing opportunity for our class, and we are truly grateful for the support and generosity of Mr. and Mrs. Hintz. For the first time, the senior class gift campaign has an identifiable fundraising goal to motivate and inspire students. Ultimately, we hope that every graduating student will make a pledge of any amount to support Penn State. The beauty of the Hintz challenge is that, regardless of the size of the class gift, our collective participation today can impact the Penn Staters of tomorrow.”

The Hintzes’ own history of giving to the University began early. Ed, who earned a degree in business in 1959, made his first gift, a $2 commitment to the Levi Lamb fund, while still a student in 1957. Helen contributed $6 in 1961, a year after she graduated from what is now the College of Health and Human Development. Over the following decades, the Hintzes became philanthropic leaders for the University with their support for programs and projects ranging from the Hintz Family Alumni Center to the Presidential Leadership Academy, established in 2009.

The couple also has supported several Trustee Scholarships at the University. The Trustee Matching Scholarship Program maximizes the impact of private giving while directing funds to students as quickly as possible, meeting the urgent need for scholarship support. In this groundbreaking philanthropic model, Penn State matches 5 percent of the total pledge or gift at the time a Trustee Scholarship is created, and makes those funds available immediately for student awards. This University match, which is approximately equal to the endowment’s annual spendable income, continues in perpetuity, doubling the support available each year for students with financial need.

For more information, visit www.SeniorClassGift.psu.edu. Questions can be directed to Jordan Ford, senior class gift adviser, at jaf378@psu.edu or 814-863-3935.
 

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Last Updated October 14, 2011