30.10.2014 Views

2009–10 Mount Mercy University Honor Roll of Donors

2009–10 Mount Mercy University Honor Roll of Donors

2009–10 Mount Mercy University Honor Roll of Donors

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<strong>of</strong> learners<br />

The Ryan family (far left)<br />

has left a legacy that<br />

will impact countless<br />

generations <strong>of</strong> students<br />

– most recently through<br />

the Suzie Schmidt Cook<br />

Endowed Scholarship<br />

(Title III), in honor<br />

<strong>of</strong> Suzie Cook (left),<br />

who passed away in<br />

November 2009.<br />

December 2009. “It was her idea to set<br />

up a scholarship,” says Schmidt. “She<br />

truly believed if you get an education,<br />

you can do anything.” Like her grandparents<br />

before her, Cook took the gift<br />

<strong>of</strong> knowledge seriously. “She really<br />

valued her education at <strong>Mount</strong> <strong>Mercy</strong>,”<br />

says Schmidt. “She was always quick<br />

to point out that she graduated from<br />

<strong>Mount</strong> <strong>Mercy</strong>.”<br />

Family, friends, colleagues and high<br />

school and college classmates have<br />

contributed more than $15,000 to Suzie’s<br />

endowed scholarship. These funds<br />

all are being matched by the Title III<br />

grant, resulting in an endowment <strong>of</strong><br />

more than $30,000 that honors Cook.<br />

Ryan family members have been<br />

dedicated contributors to their scholarships,<br />

which have allowed the funds<br />

to grow over the years and provide<br />

ever more financial support to <strong>Mount</strong><br />

<strong>Mercy</strong> students.<br />

In a poem, “I Want to Be Remembered,”<br />

that Cook wrote months<br />

before she died, she captured her vision<br />

<strong>of</strong> the scholarship in just the few lines<br />

excerpted here:<br />

I want to be remembered<br />

For working hard<br />

and being proud to do it.<br />

For working smart to prove I could do it.<br />

For working with others and<br />

making sure they, too, could do it.<br />

2009–10 <strong>Honor</strong> <strong>Roll</strong> <strong>of</strong> <strong>Donors</strong><br />

Title III grant program strengthens<br />

<strong>Mount</strong> <strong>Mercy</strong> endowment<br />

Future generations <strong>of</strong> <strong>Mount</strong> <strong>Mercy</strong> <strong>University</strong> students will benefit from<br />

16 new endowments created through a federal program that concluded<br />

September 30, 2010.<br />

In 2005, <strong>Mount</strong> <strong>Mercy</strong> was awarded a $1.8 million Title III Strengthening<br />

Institutions federal grant. The grant was designed to infuse technology in<br />

new and revised curriculum in the nursing and computer science programs.<br />

Approximately one-sixth <strong>of</strong> the grant was dedicated to building <strong>Mount</strong> <strong>Mercy</strong>’s<br />

endowment by providing one-to-one matching funds for new endowment<br />

funds. During the five-year grant period, donors have established the new<br />

endowments with investments <strong>of</strong> $337,625. That sum was matched in full<br />

by the U.S. Department <strong>of</strong> Education’s Title III program, resulting in a total<br />

investment <strong>of</strong> $675,250 in <strong>Mount</strong> <strong>Mercy</strong>’s endowment.<br />

Donations to endowed funds are invested prudently and in perpetuity, and a<br />

portion <strong>of</strong> the return is used each year to support the scholarship or program<br />

selected by the donor.<br />

No form <strong>of</strong> investment is more important to a university’s long-term success<br />

than its endowment, which is why the Board <strong>of</strong> Trustees have made growing<br />

the endowment a priority in <strong>Mount</strong> <strong>Mercy</strong>’s strategic plan.<br />

Thanks to all the alumni, faculty, parents and friends who have stepped<br />

forward to give generous endowment gifts to maintain <strong>Mount</strong> <strong>Mercy</strong>’s strength<br />

and protect its legacy for future generations.<br />

<strong>Mount</strong> <strong>Mercy</strong>’s Title III Endowments<br />

• Glenyce Axon Endowed Fund (Title III)<br />

• *Ray & Helen Barry Endowed Scholarship (Title III)<br />

• Suzie Schmidt Cook Endowed Scholarship (Title III)<br />

• Phyllis & Patrick Falconio Family Endowed Scholarship (Title III)<br />

• *Anna Purna Ghosh Endowed Fund (Title III)<br />

• Sister Mary Ildephonse Holland Endowed Scholarship (Title III)<br />

• Sigrund E. Lynch Endowed Library Fund (Title III)<br />

• Helen E. McKee Endowed Fund (Title III)<br />

• *Jane C. Meyer, Ph.D. Endowed Academic Scholarship (Title III)<br />

• <strong>Mount</strong> <strong>Mercy</strong> Giving Circle Endowed Scholarship (Title III)<br />

• Henry S. Muhlbach Endowed Scholarship (Title III)<br />

• Dr. Merilee Rosberg Endowed Scholarship (Title III)<br />

• *Lou Schulte-Lois Corkery Endowed Scholarship (Title III)<br />

• SIFE Endowed Fund (Title III)<br />

• Joan & David Thaler Endowed Scholarship (Title III)<br />

• Diane M. Wagenaar Endowed Scholarship (Title III)<br />

* Established after June 30, 2010, and not included in this Annual Report<br />

For more information about creating an endowed fund at <strong>Mount</strong> <strong>Mercy</strong><br />

<strong>University</strong>, please contact Hilery Livengood, Director <strong>of</strong> Major and Planned<br />

Gifts, at 319-368-6468 or hlivengood@mtmercy.edu.<br />

7

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!