PFW announces 35 endowed scholarships, exceeding goal
By Ashley Sloboda | The Journal Gazette
An effort to create endowed scholarships at Purdue University Fort Wayne exceeded its goal to fund 25 awards, instead netting $875,000 for 35, Chancellor Ron Elsenbaumer announced this morning, hours into the campus' inaugural Day of Giving.
The campaign was called the Chapman Challenge in honor of Howard and Betsy Chapman, who initially pledged more than $200,000 to be matched $1 for $2 in the creation of the endowments. They increased their commitment once 25 scholarships were funded.
"Betsy and I wanted to encourage the funding of new endowed scholarships that will be around forever and will help the university and students for years to come. We had no idea when we started this last February and March that it would be so successful and completed in just over a year,” Howard Chapman said in a statement.
Elsenbaumer recognized the couple for their contribution.
"Today, on this Day of Giving, we pause to thank and recognize Howard and Betsy Chapman for their wonderful generosity and their unwavering support," Elsenbaumer said to university employees gathered in the Office of Development.
Purdue University in West Lafayette began a Day of Giving initiative six years ago. This is the first year the Fort Wayne campus is participating.
About $40,000 had been raised before 10 a.m., Elsenbaumer said.
"And you can see the campus hasn't even woken up yet," he said, the windows behind him showing an occasional student walking or biking from campus housing to classrooms across the Crescent Avenue bridge.