News Archive

Randolph College Announces $2 Million Gift From Alumna-led Foundation

Gift will create endowed scholarships for students, help finance field and track

1/28/2009 12:20:49 PM

   

LYNCHBURG --Randolph College is pleased to announce a gift of $2 million from the Best Portion Foundation, a Chicago foundation headed by an alumna.

One million dollars will be earmarked to create endowed scholarships that will make Randolph College’s top-notch education more affordable to students. The Best Portion Foundation Endowed Scholarship will attract future generations of ambitious students to the institution.

The second $1 million will create a separate endowment to be used to help finance a new athletic playing field and track.

“We are very grateful to the Foundation and its leadership,” said Randolph President John E. Klein. “They have expressed their excitement about the college’s potential and have described us as ‘a little jewel.’

“Receiving this major gift at such a critical juncture in our history is a strong endorsement of the high quality of the academic program and the faculty at Randolph,” added Klein. “It also demonstrates an appreciation for the importance of athletics to an institution and the value of providing facilities that promote a healthy lifestyle.”

“It’s always gratifying to see people express their confidence in this institution, its administration and its strong academic tradition,” said Lucy Hooper '73, president of the College's Board of Trustees. “It is particularly meaningful in these tough economic times.”





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CONTACT: Brenda Edson, Director of College Relations
434-947-8142