Summer 2005 - John Brown University

The Blessings of Endowed Scholarshipsincluding the Caroline Brown Endowed ScholarshipBy John Brown III and Jim Krall“What I spent I lost; what I possessed is left toothers; what I gave away remains with me.”-Epitaph of a Charitable Man, quoted by Joseph AddisonWe have all been helped to get where we are in life by others–our parents,our family, a teacher, a friend, a key pastor, or mentor. Someoneencouraged us and helped us to grow and reach for our goals in life. Withoutthat help, we would not have been able to attain the position of strength orservice we hold today.The Caroline Brown Endowed Scholarship will help many deservingJBU students in future years, just like all endowed scholarships. The annualdollars provided by these endowed funds will help students realize their dreamsby making it financially possible for them to receive a quality Christian educationat John Brown University.Every former JBU student was helped by someone during their dayson campus. In the early years, when students were expected to work as part oftheir payment, John E. Brown Sr. was still busy raising generous gifts to helppay for a college program beyond what students could afford. Throughout ourhistory, gifts to the annual fund, to the endowment fund, and to the constructionof new buildings have helped lower the costs of room, board, and tuition for ourstudents. Gifts to endowed scholarships at JBU directly benefit students and theirfamilies by offsetting the costs of attendance that must be paid by the student.Endowed scholarships work like this: A gift is given to the university,and the university invests the gift. Each year, the board of trustees designates aportion of the invested endowment fund value for students with financial need.These grant and work scholarships make the difference for many families intheir ability to choose a Christian college for their son or daughter. Studentsof good character and in good academic standing on campus may renew thesescholarships annually until graduation.Endowed scholarships can be funded in one or more of these ways: agift of cash, stock, or other property to an existing endowed scholarship; a gift ofcash, stock, or other property to create a new endowed scholarship; a gift giventhrough one’s will or trust; a deferred gift using a charitable gift annuity, or acharitable remainder trust.Endowed scholarships can be designated in the name of a family,organization, or an individual to be honored in perpetuity. Today, over$10,000,000 exists in endowed scholarship funds at JBU because of goodplanning and Christian stewardship. Besides the Caroline Brown EndowedScholarship, over 100 endowed scholarships provide student assistance each year.This year alone, qualifying students received more than $600,000 in financial aidthrough these scholarships.For information on setting up a scholarship, please contact your regionaldirector of development or call Paul Eldridge ’88, Director of Development andPlanned Gifts, at (479) 524-7468 or (800) 446-2450. ■John Brown III is a former JBU President, the Executive Director of theWindgate Foundation, and a member of the JBU Board of Trustees.Jim Krall is Vice President for University Advancement.JBU ENDOWED SCHOLARSHIPS:A Legacy for Future GenerationsJ. L. & Margaret Allhands ScholarshipAmerican Society of Professional EstimatorsPat M. Murphy & W. S. Atherton Pizza Hut ScholarshipAmanda & Bonita Auer Scholarship FundSpencer F. Bartlett Memorial Scholarship FundAnn & Vincent Becker ScholarshipWilliam H. Bell Endowed ScholarshipBella Vista Community Church ScholarshipHeather Benner Memorial ScholarshipWilliam F. & Alice D. Blackburn ScholarshipMarion E. & Roy F. Blackmon ScholarshipDerwood & Kathryn Blackwell ScholarshipBoone-Scholton ScholarshipDavid Scott Brooker Memorial ScholarshipCaroline Brown Endowed ScholarshipDonald D. & E. Jeanette Brown Endowed ScholarshipJ. Alvin & Mabel Brown Memorial Scholarship FundJerome E. & Grace K. Brown ScholarshipThe Bryant Family Endowed ScholarshipClaude D. Chambers & George A. Cayce Memorial Scholarship FundHelen M. Clough Endowed ScholarshipRoger F. & Annie Lee Cox Science Memorial ScholarshipCulberson/Netherton Music ScholarshipKenneth Dale ScholarshipDale Davis Memorial ScholarshipSherry Lyn Embrey Memorial ScholarshipEngineering Excellence ScholarshipFamily Studies ScholarshipClinton H. and Jean Anne Fowler Memorial Music ScholarshipFriendship FundCharles & Suszanna Gehron Memorial ScholarshipJohn A. Graves ScholarshipGaston Griggs Science ScholarshipFred W. Harper ScholarshipJewell Taylor Littlejohn Harrison Memorial ScholarshipHebrew Evangelization SocietyH. Ezelle Thomas Hensley Endowed ScholarshipJohn Poe & Marjorie S. Hensley Memorial ScholarshipJohn Herklotz Communication Scholarship FundHerring Missionary ScholarshipH.E.S. Inc. ScholarshipMaude Welch Hess Memorial ScholarshipJim and Marilyn Holliday ScholarshipJames Edwin & Bernice O. Hutton Endowed ScholarshipRobert Jackson Sr. Endowed ScholarshipRalph & Lucy Kennedy Legacy ScholarshipLarry Kreider Endowed ScholarshipJoseph W. & Frances Baker Langley Endowed ScholarshipBobbie Laughlin Math ScholarshipWilliam Douglas Layton Endowed ScholarshipMilton & Leila Levy Endowed ScholarshipStella Lunn Memorial ScholarshipPearl Magnuson Endowed ScholarshipArthur & Martha G. Martin ScholarshipDayton E. McClain Ministerial ScholarshipLloyd McCullough Memorial ScholarshipAlice McQuay Endowed ScholarshipNorma McQueen Memorial Art ScholarshipLarry Meyer Endowed ScholarshipHelen and Mike Milam Endowed ScholarshipJesse L. & Edra V. Miller Endowed ScholarshipMissionary Children’s Scholarship FundMission Endowment for Cross Cultural StudentsMoeller Family Mission ScholarshipJoan B. Naramore Memorial ScholarshipKenneth C. Naramore ScholarshipBill & Beulah Nemeth Scholarship FundNetherton/Culberson Science ScholarshipFred Olney Engineering ScholarshipDorothy F. Osburn MemorialJohn H. Panage English ScholarshipCol. Kenneth W. Patrum Endowed ScholarshipMildred Martin Patterson Endowed Scholarship for Music StudentsMatthew Petelski Memorial ScholarshipTodd Pollan Memorial ScholarshipLydia M. Ramsey Memorial ScholarshipForrest E. & Grace E. Ryder ScholarshipJeff Scholtens Memorial ScholarshipScofield Memorial ScholarshipJudge & Mrs. Dale E. Shannon Endowed ScholarshipFrancene Davis Sharp Health Promotion &Human Performance Scholarship for WomenLetitia M. & Melanie C. Simpson Endowed Scholarship forMinority and Women StudentsRobert L. & Helen Skov Scholarship FundBeverly Meador Sloan Scholarship FundJoe R. Smith Endowment Fund For Work ScholarshipsWalter & Mabel Smith Memorial ScholarshipMarion F. Snider Scholarship FundSoderquist Family Fund for Student MissionsSouthern California Military Academy Scholarship FundSpringfield Family ScholarshipJohn A. and Grace B. Storm Memorial ScholarshipDorothy & Gerald Swan Endowed ScholarshipW. B. Terry Business ScholarshipShirley Forbes Thomas Honors ScholarshipGrover Cleveland & Ida Mae Tinnin Endowed ScholarshipTyndale Bible House ScholarshipMarcia VerHoeven Memorial ScholarshipNancy Craighead VerHoeven Memorial ScholarshipHarold C. Ward Engineering ScholarshipWeathers Family Endowed ScholarshipAgnes M. Weir Endowed Scholarship for Missionary ChildrenCharles L. & Lona Whinrey ScholarshipHub White Memorial ScholarshipMerwin A. & Verne K. Wilder ScholarshipCharles L. Wiley Memorial ScholarshipCharles Willis ScholarshipWomen in EngineeringDorothy/Irvin Woodland/Wills Science ScholarshipRev. Denton R. Woods ScholarshipJoe Young Memorial ScholarshipJohn Brown Bulletin Summer 2005 19Claude R. & Blanche A. Zimmerman Memorial Piano Scholarship FundNorma Zuniga Endowed Scholarship Fund