Please ensure Javascript is enabled for purposes of website accessibility
Who Is Mystery Philanthropist Who Just Gifted $9 Million to UC Merced?
By admin
Published 2 years ago on
June 23, 2023

Share

Getting your Trinity Audio player ready...

An anonymous donor has gifted $9 million to UC Merced that will provide scholarships for a minimum of 36 first-year students annually.

Among the priorities for the new Gateway Scholarship Endowment Fund is expanding higher-education access and opportunities for students from the region, university officials said in a social media post on Thursday. Students graduating from high schools in Merced will receive preference.

According to the university, the anonymous donor is a longtime supporter of the Gateway Scholars Program.

“The Gateway Scholars Program has enabled countless students from Merced to pursue their personal, professional, and academic goals, and now, with the establishment of the Gateway Scholarship Endowed Fund, future scholars wishing to remain in the San Joaquin Valley for their college education will have access to resources that help them thrive,” said Chancellor Juan Sánchez Muñoz. “This transformational gift truly empowers our university to foster social mobility throughout our region.”

$87 Million Raised Toward $200 Million Goal

This latest donation was made in conjunction with UC-Merced’s first comprehensive fundraising campaign, which is dubbed “Boldly Forward.” The effort’s goal is $200 million, and the university has already accumulated nearly $87 million from 6,259 donors since last fall’s launch.

RELATED TOPICS:

DON'T MISS

What Are Fresno Real Estate Experts Predicting for 2025 and Beyond?

UP NEXT

Fresno State Matches the Scholarships for 25 FUSD Students

Caitlin Clark Returns and Leads Fever to Upset Win Over Unbeaten Liberty

15 hours ago

Iran Fires Another Round of Missiles at Israel, and Explosions Are Heard in Tehran

15 hours ago

Israel Says Attacks on Iran Are Nothing Compared With What Is Coming

JERUSALEM/DUBAI (Reuters) -Israel pounded Iran for a second day on Saturday and Prime Minister Benjamin Netanyahu said its campaign would in...

14 hours ago

14 hours ago

Israel Says Attacks on Iran Are Nothing Compared With What Is Coming

14 hours ago

Military Parade Barrels Through Nation’s Capital With Tanks, Troops and 21-Gun Salute

14 hours ago

Authorities Still Searching for Suspect in Shooting of 2 Minnesota State Lawmakers

15 hours ago

Caitlin Clark Returns and Leads Fever to Upset Win Over Unbeaten Liberty

15 hours ago

Iran Fires Another Round of Missiles at Israel, and Explosions Are Heard in Tehran

16 hours ago

Stephen Miller’s Former High School Classmate Challenges His Deportation Policies

16 hours ago

‘We Will Kill You Dead’: Florida Sheriff’s Stark Warning to Demonstrators

17 hours ago

Trump Says ‘War in Israel-Iran Should End’

Help continue the work that gets you the news that matters most.

Search

Send this to a friend