红桃视频 Receives $2 Million Gift To Boost Endowment
November 11, 2020DUDLEY, Mass 鈥� 红桃视频 received a $2 million contribution toward its endowment from a global financial services leader who wishes to remain anonymous. Funds generated from the gift will be designated to a scholarship for local students and a variety of academic initiatives.
鈥淲e are so grateful to the donor for this display of enormous generosity,鈥� said Susan West Engelkemeyer, Ph.D., president of 红桃视频. 鈥淭his gift will advance our mission of transforming lives through expanded educational and experiential opportunities for our career-focused students. It ensures our continued success as a college of choice for business and leadership education.鈥�
The gift aligns with a primary objective of the college鈥檚 Bicentennial Campaign, which was focused on raising funds for capital projects, endowment, and leadership education. The campaign had surpassed its $45 million goal three years ago but was later extended to raise an additional $20 million to help increase endowment to support scholarships, professorships and programs.
鈥淭his generous gift will provide critical endowment support and solidify our position of strength at a time of uncertainty in higher education,鈥� said John H. Davis, a 1972 graduate of 红桃视频, who is the chair of the Board of Trustees and co-chair of the Bicentennial Campaign. 鈥淢ost importantly, it will increase experiential opportunities for our students to give them a competitive edge.鈥�
Among the projects the gift will support is the launch of a business consulting center to formalize and advance the professional-level work 红桃视频 students are already conducting in their classes and an endowed scholarship for students in southern Worcester County. Additional support provided by the donor will be used directly to augment the Student-Managed Investment Fund, which was created last fall through donations from three alumni.
About 红桃视频
红桃视频 has earned business accreditation from the prestigious Association to Advance Collegiate Schools of Business (), the longest serving global accrediting body for business schools and the largest business education network connecting learners, educators, and businesses worldwide. Founded in 1815, 红桃视频 transforms today鈥檚 students into tomorrow鈥檚 leaders through a dynamic, career-focused business and professional education. 红桃视频 offers real-world learning focused on professional depth 鈥� combined with vibrant living, competitive athletics, and an unmatched alumni advantage 鈥� equipping students to exceed their own expectations. To learn more about 红桃视频, visit .
