Elmhurst College Celebrates Highly Successful Fall Fundraising Efforts
Elmhurst College received more than $1 million in gift pledges in the first two weeks of December, building on a series of highly successful fund-raising efforts that have been under way since the start of the Fall Term. Gifts and pledges will support scholarships, internships and cultural programming.
Last week, longtime supporters of Elmhurst College contributed $100,000 toward the College’s renowned lecture series. Earlier this month, the College announced that it will receive an $850,000 estate gift to support endowed scholarships, as well as a $100,000 gift from a prominent Elmhurst business and civic leader to fund student internships. In addition, the College’s $100,000 Scholarship Challenge was met and surpassed, and will continue until the end of the year.
“This is an exciting time for Elmhurst College,” said President Troy D. VanAken. “Our alumni and donors are stepping up in important ways to help our students reach their goals. I’m confident that we will be able to maintain our momentum and ensure a vibrant future for our students.”
The gifts in December are part of a trend of significant gains in fundraising for Elmhurst College that began in October, when the College announced $2.5 million in gifts to support scholarships and the Center for Professional Excellence. More than $3.8 million has been raised so far in the Fall Term, from a variety of donors.
- Last week, the College received a $100,000 gift from Robert and Marcia Goltermann, of Elmhurst, to enhance its popular lecture series. Longtime supporters of the College and the arts community, the Goltermanns were awarded the College’s Founders Medal in 2006. In 1999, the couple established the Sandra Jorgensen Memorial Scholarship Fund, which awards scholarships to female art students at Elmhurst.
- Earlier this month, the College announced that it will receive an $850,000 estate gift to support endowed scholarships. “All of us at Elmhurst College are deeply grateful for this generous gift,” President VanAken said. “Estate giving is a wonderful way to ensure that our students can benefit from scholarship support well into the future.”
- Also in early December, the College received a $100,000 gift from longtime Elmhurst businessman, civic leader and community volunteer Ralph Pechanio to establish an endowed fund to support Elmhurst College student internships at the Elmhurst Chamber of Commerce & Industry.
- In December, the College also met and surpassed its $100,000 Scholarship Challenge. Launched at Homecoming with a commitment from a small group of leadership donors, the Challenge unlocked $100,000 in scholarship funding in only two months. Another donor has since stepped up with additional funds: Through December 31, 2016, every gift up to $20,000 received will be matched one to one.
- In October, President VanAken announced that Elmhurst alumnus and longtime Trustee Russell Weigand ’64 and his wife, Joyce Slone Weigand, will give $2.25 million to the College to continue and enhance the work of the Center for Professional Excellence. In honor of the Weigands’ gift, the Center will be renamed the Russell G. Weigand Center for Professional Excellence.
- Also in October, President VanAken announced two substantial scholarship commitments: a $150,000 pledge from Trustee Edward Momkus ’74 and his wife, Betsy Goltermann; and a $100,000 gift from Trustee Hugh McLean and his wife, Mary Beth.