Chaikens make $2 million gift for new Trustee Scholarship
3/7/13
Gene and Roz Chaiken have established one of the first Trustee Scholarships to earn a 10 percent annual match from the University with a gift of $2 million.
Gene and Roz Chaiken have established one of the first Trustee Scholarships to earn a 10 percent annual match from the University with a gift of $2 million.
The Mid-Atlantic Alliance of Cooperatives has established two endowed scholarships to benefit students in Penn State's College of Agricultural Sciences.
A program that has raised $100 million in scholarship endowments will now offer Penn State supporters an even greater incentive to help students in need. Starting March 1, the Trustee Matching Scholarship Program will offer a 10 percent annual match for new endowed gifts, doubling the additional funds available for students.
Late last year, Penn State signed a strategic partnership agreement with Siemens Corporation, the U.S. subsidiary of the integrated technology company Siemens AG, which operates in 190 countries. This alliance -- the first of its kind between Siemens and an American university -- will benefit Penn State, its students and Siemens through research collaborations, an enhanced recruiting relationship, and engagement across a wide range of University programs.
In conjunction with the new agreement, Siemens Corporation President and CEO Eric Spiegel will be speaking to Penn State engineering students about innovation and entrepreneurship on Thursday, Jan. 24. Spiegel's presentation to Penn State students represents one of many real-world connections and opportunities for education and research that will grow out of the alliance. Several ongoing or upcoming projects further illustrate the agreement's potential. The alliance also will be celebrated that evening at a reception at the Nittany Lion Inn. Both events were rescheduled from last October due to inclement weather from Hurricane Sandy.
Penn State has received the largest commitment in the 10-year history of the Trustee Matching Scholarship Program from Jeff and Kellie Hepper, who are establishing a $5 million endowment for students with financial need. In recognition of their gift, the Fitness Center at Rec Hall will be named in honor of Jeff's parents, Clifford and Jean Hepper, who were Penn State graduates and longtime supporters.
"Jeff and Kellie's gift will change the lives of so many students, beginning immediately and for generations to come," said Penn State President Rodney A. Erickson. "Scholarship support is the University's top fundraising priority, and thanks to the Heppers, many students who might have otherwise been hindered by financial constraints will have the opportunity to earn a Penn State degree."
A member of the Smeal College of Business Board of Visitors has announced a $5 million addition to an existing campaign commitment and has challenged other volunteer leaders, alumni and friends to consider new gifts as well. The donor, who wishes to remain anonymous, hopes this new commitment will encourage other alumni and friends of Smeal to reaffirm their support of For the Future: The Campaign for Penn State Students and make a second gift to the college during the final two years of this University-wide fundraising effort. Two of the college's longtime advocates responded immediately with new commitments of their own, adding $100,000 each to scholarships they had previously endowed.
Penn State's 36th annual Renaissance Fund dinner raised more than $255,000 to endow scholarships in honor of community leaders and philanthropists, Ed and Charlene Friedman, this year's Renaissance Fund Honorees. Over 400 guests attended the Nov. 15 dinner at the Penn Stater Conference Center Hotel.
The annual event raises money for Renaissance Fund scholarships, which are awarded to academically talented Penn State students who have great financial need. The dinners honor community leaders, and contributions are used to endow scholarships in their names. Since the Renaissance Fund's inception in 1969, the total endowment has grown to more than $10 million. To date, 393 scholarships have been awarded for the 2012-13 academic year. The Renaissance Fund announced the Friedmans as this year's honorees in late August.
On Nov. 15, Penn State will celebrate its second annual Penn State Day of Philanthropy, intended to raise awareness of private giving's impact on the University and its students. Through a range of activities and events on the University Park campus and other Penn State campuses, volunteers and staff members will honor past gifts and seek further support from alumni and friends.
About 250 donors, volunteers, faculty and staff gathered Oct. 13 for the inaugural Celebrating Faculty Endowments dinner to showcase the many ways endowed faculty positions elevate the student experience at Penn State. During the evening, Penn State faculty representatives and keynote speaker Dr. David Ho of Rockefeller University highlighted how philanthropy is crucial in expanding their roles as student mentors and leading researchers.
Two leading Penn State volunteers and supporters have made their second major commitment to the University's current fundraising initiative, For the Future: The Campaign for Penn State Students. Peter G. Tombros, who chairs the campaign, and Ann Tombros, a member of the fundraising committees for the University Libraries and the Palmer Museum of Art, have announced a gift of $5 million toward For the Future's vision of Penn State as the most student-centered public research university in the country.
The John E. Morgan Auditorium at Penn State Schuylkill will be getting a $250,000 facelift, thanks to the John E. Morgan Foundation. A series of renovations and technical upgrades will enhance the much-used facility that serves the Schuylkill student body and nearby communities. The Morgan Auditorium is Penn State Schuylkill's principal performance venue. Constructed in 1982, the 260-seat facility hosts student and professional theatre productions, musical acts, community meetings, public information sessions, local grade school programs, theatre and musical classes, motion picture showings and public lectures. Thousands of students and visitors are entertained or educated in the auditorium each year.
A $1 million scholarship endowment to benefit Penn State Hazleton students has been made possible by the John E. Morgan Foundation. The John E. Morgan Foundation Trustee Scholarship will be created, which will help qualified students with financial need to attend the Hazleton campus.
The Morgan Foundation made a $1 million gift to The Pennsylvania State University Philanthropic Fund, a 501(c)(3) nonprofit organization, which then directed the funds to Penn State Hazleton. It is the largest gift that the Hazleton campus has received during Penn State's current fundraising effort, For the Future: The Campaign for Penn State Students.
Penn Staters will have the opportunity to show their pride and help give back to the University during a social media fan challenge being held by the Penn State Office of Annual Giving this fall. From Oct. 1 to 14, Penn State students, alumni, faculty, staff and friends can participate in the Penn State Forever Fan Challenge by liking Penn State Forever on Facebook http://www.facebook.com/PennStForever and following Penn State Forever on Twitter http://www.twitter.com/PennStForever.
More than 300 Penn State alumni and friends gathered at University Park on Friday, Sept. 14, and Saturday, Sept. 15, to renew their energy and efforts on behalf of For the Future: The Campaign for Penn State Students. Through the summit's workshops, seminars, and panel discussions, the volunteers prepared for a final push toward the campaign's goal of $2 billion in new support by 2014. More than $1.6 billion has already been raised, putting For the Future ahead of pace with just over three-quarters of its timeline elapsed.
The Penn State Division of Development and Alumni Relations has released its fundraising results for fiscal year 2011-12. Despite a year that was marked by unprecedented challenges for the Penn State community, the support of the University's alumni and friends remains strong as it continues to advance its $2 billion fundraising effort, For the Future: The Campaign for Penn State Students. Since the For the Future campaign began on Jan. 1, 2007, $1.6 billion has been secured toward the goal of $2 billion by June 2014. The campaign continues to run ahead of schedule.
Gene and Roz Chaiken have established one of the first Trustee Scholarships to earn a 10 percent annual match from the University with a gift of $2 million.
The Mid-Atlantic Alliance of Cooperatives has established two endowed scholarships to benefit students in Penn State's College of Agricultural Sciences.
A program that has raised $100 million in scholarship endowments will now offer Penn State supporters an even greater incentive to help students in need. Starting March 1, the Trustee Matching Scholarship Program will offer a 10 percent annual match for new endowed gifts, doubling the additional funds available for students.
Late last year, Penn State signed a strategic partnership agreement with Siemens Corporation, the U.S. subsidiary of the integrated technology company Siemens AG, which operates in 190 countries. This alliance -- the first of its kind between Siemens and an American university -- will benefit Penn State, its students and Siemens through research collaborations, an enhanced recruiting relationship, and engagement across a wide range of University programs.
In conjunction with the new agreement, Siemens Corporation President and CEO Eric Spiegel will be speaking to Penn State engineering students about innovation and entrepreneurship on Thursday, Jan. 24. Spiegel's presentation to Penn State students represents one of many real-world connections and opportunities for education and research that will grow out of the alliance. Several ongoing or upcoming projects further illustrate the agreement's potential. The alliance also will be celebrated that evening at a reception at the Nittany Lion Inn. Both events were rescheduled from last October due to inclement weather from Hurricane Sandy.
Penn State has received the largest commitment in the 10-year history of the Trustee Matching Scholarship Program from Jeff and Kellie Hepper, who are establishing a $5 million endowment for students with financial need. In recognition of their gift, the Fitness Center at Rec Hall will be named in honor of Jeff's parents, Clifford and Jean Hepper, who were Penn State graduates and longtime supporters.
"Jeff and Kellie's gift will change the lives of so many students, beginning immediately and for generations to come," said Penn State President Rodney A. Erickson. "Scholarship support is the University's top fundraising priority, and thanks to the Heppers, many students who might have otherwise been hindered by financial constraints will have the opportunity to earn a Penn State degree."
A member of the Smeal College of Business Board of Visitors has announced a $5 million addition to an existing campaign commitment and has challenged other volunteer leaders, alumni and friends to consider new gifts as well. The donor, who wishes to remain anonymous, hopes this new commitment will encourage other alumni and friends of Smeal to reaffirm their support of For the Future: The Campaign for Penn State Students and make a second gift to the college during the final two years of this University-wide fundraising effort. Two of the college's longtime advocates responded immediately with new commitments of their own, adding $100,000 each to scholarships they had previously endowed.
Penn State's 36th annual Renaissance Fund dinner raised more than $255,000 to endow scholarships in honor of community leaders and philanthropists, Ed and Charlene Friedman, this year's Renaissance Fund Honorees. Over 400 guests attended the Nov. 15 dinner at the Penn Stater Conference Center Hotel.
The annual event raises money for Renaissance Fund scholarships, which are awarded to academically talented Penn State students who have great financial need. The dinners honor community leaders, and contributions are used to endow scholarships in their names. Since the Renaissance Fund's inception in 1969, the total endowment has grown to more than $10 million. To date, 393 scholarships have been awarded for the 2012-13 academic year. The Renaissance Fund announced the Friedmans as this year's honorees in late August.
On Nov. 15, Penn State will celebrate its second annual Penn State Day of Philanthropy, intended to raise awareness of private giving's impact on the University and its students. Through a range of activities and events on the University Park campus and other Penn State campuses, volunteers and staff members will honor past gifts and seek further support from alumni and friends.
About 250 donors, volunteers, faculty and staff gathered Oct. 13 for the inaugural Celebrating Faculty Endowments dinner to showcase the many ways endowed faculty positions elevate the student experience at Penn State. During the evening, Penn State faculty representatives and keynote speaker Dr. David Ho of Rockefeller University highlighted how philanthropy is crucial in expanding their roles as student mentors and leading researchers.
Two leading Penn State volunteers and supporters have made their second major commitment to the University's current fundraising initiative, For the Future: The Campaign for Penn State Students. Peter G. Tombros, who chairs the campaign, and Ann Tombros, a member of the fundraising committees for the University Libraries and the Palmer Museum of Art, have announced a gift of $5 million toward For the Future's vision of Penn State as the most student-centered public research university in the country.
The John E. Morgan Auditorium at Penn State Schuylkill will be getting a $250,000 facelift, thanks to the John E. Morgan Foundation. A series of renovations and technical upgrades will enhance the much-used facility that serves the Schuylkill student body and nearby communities. The Morgan Auditorium is Penn State Schuylkill's principal performance venue. Constructed in 1982, the 260-seat facility hosts student and professional theatre productions, musical acts, community meetings, public information sessions, local grade school programs, theatre and musical classes, motion picture showings and public lectures. Thousands of students and visitors are entertained or educated in the auditorium each year.
A $1 million scholarship endowment to benefit Penn State Hazleton students has been made possible by the John E. Morgan Foundation. The John E. Morgan Foundation Trustee Scholarship will be created, which will help qualified students with financial need to attend the Hazleton campus.
The Morgan Foundation made a $1 million gift to The Pennsylvania State University Philanthropic Fund, a 501(c)(3) nonprofit organization, which then directed the funds to Penn State Hazleton. It is the largest gift that the Hazleton campus has received during Penn State's current fundraising effort, For the Future: The Campaign for Penn State Students.
Penn Staters will have the opportunity to show their pride and help give back to the University during a social media fan challenge being held by the Penn State Office of Annual Giving this fall. From Oct. 1 to 14, Penn State students, alumni, faculty, staff and friends can participate in the Penn State Forever Fan Challenge by liking Penn State Forever on Facebook http://www.facebook.com/PennStForever and following Penn State Forever on Twitter http://www.twitter.com/PennStForever.
More than 300 Penn State alumni and friends gathered at University Park on Friday, Sept. 14, and Saturday, Sept. 15, to renew their energy and efforts on behalf of For the Future: The Campaign for Penn State Students. Through the summit's workshops, seminars, and panel discussions, the volunteers prepared for a final push toward the campaign's goal of $2 billion in new support by 2014. More than $1.6 billion has already been raised, putting For the Future ahead of pace with just over three-quarters of its timeline elapsed.
The Penn State Division of Development and Alumni Relations has released its fundraising results for fiscal year 2011-12. Despite a year that was marked by unprecedented challenges for the Penn State community, the support of the University's alumni and friends remains strong as it continues to advance its $2 billion fundraising effort, For the Future: The Campaign for Penn State Students. Since the For the Future campaign began on Jan. 1, 2007, $1.6 billion has been secured toward the goal of $2 billion by June 2014. The campaign continues to run ahead of schedule.










