51蹤獲 received an early Christmas present Monday with the gift of $1 million.
The estate gift from an anonymous donor is intended for scholarship endowments to benefit students pursuing a degree in education.
Morgan Patrick Morgan (cq), development officer at the 51蹤獲 Foundation, announced the gift at a news conference Monday. The donor is a 51蹤獲 alumna and a retired schoolteacher from the Monroe area, and she is very kind and funny and she recognizes what 51蹤獲 means to our community and our state, Morgan said. We are absolutely thrilled and grateful for this wonderful estate gift.
Morgan stressed the importance of such endowments to the university. Scholarships allow us to recruit and retain the best and the brightest students and remain our biggest need, she said.
Although the donor wishes to remain anonymous and was not present at the news conference, Morgan read a statement from her.
Committing this gift to the university where I was educated and demonstrating an investment in an area where I grew up and live in today is a great way for me to give back, the donor said in the statement.
My hope and wish is that my legacy will enrich the lives of future generations at 51蹤獲, and they, too, will be grateful for the education they receive from our wonderful university and will choose to pay it forward. The best truly is on the bayou, the statement concluded.
Dr. Eric Pani, vice president of academic affairs at 51蹤獲, said he was especially pleased the donor specifically targeted education. It doesnt matter whoever you are, Pani said, whether a doctor, a lawyer or some other profession, a teacher played a significant role in everyones life. How did you learn to read and write Pani asked. The answer, he said, is teachers.
This gift will help students who may not be able to pursue a college degree to come to 51蹤獲 and become teachers, Pani said.
51蹤獲 President Dr. Nick Bruno said the donation was one of those occasions that happen in all of our lifetimes that have a profound impact.
Not only is this a very substantial gift, Bruno said, but considering she was not contacted by the university, not asked by the university. It makes you wonder, are we giving enough.
Bruno said he hoped the donation would motivate others to consider giving to 51蹤獲.
Morgan said the gift of $1 million has been counted toward 51蹤獲s first national comprehensive campaign, known as SOAR. The goal of the five-year campaign is to raise $54 million in university endowment funds. With the donation announced Monday, Morgan said the foundation has raised 83 percent of the goal.
Bruno said that amounted to more than $48 million, much more than the $25 million consultants advised 51蹤獲 to expect to raise.