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Endowments

Penn State Wilkes-Barre has benefited tremendously from the generosity of numerous individuals, corporations, and foundations who possess the vision and realize the importance of establishing gifts that will last in perpetuity. Endowments continue to grow and thus become more valuable over time. Benefactors who establish endowments are provided the opportunity to highlight what is important to them as they establish guidelines for these funds in consultation with development staff.

Currently, Penn State Wilkes-Barre has a total of 41 endowed funds and awards for a variety of purposes including scholarships, awards, program support and faculty research.

Some of the more common endowments established at Wilkes-Barre and other Penn State locations, and minimum requirements for these funds, include trustee and named scholarships ($50,000); awards ($20,000); program support ($25,000); lectureships ($100,000); among others. These commitments can take the form of an immediate gift of cash or securities or be paid over a pledge period of up to five years.

The Trustee Scholarship Program was established in 2002 and offers a unique opportunity for our donors to double the impact of their philanthropy via University matching funds.

Hayfield Pathway Endowed Scholarship — Though one of the many endowed scholarships at our campus, a gift to this scholarship provides the donor an opportunity to purchase several different sizes of bricks in honor or memory of someone of the donor’s choice.

For additional information on establishing endowments, please contact Karen Brace-Hodle, Extrnal Relations Assistant at (570) 675-9228 or via email at klb14@psu.edu.