The University of North Texas Foundation is giving each of UNT’s 13 degree-granting colleges a $30,000 endowment, plus a $1,000 check, to fund scholarships beginning this fall. The gifts were specifically crafted to give deans maximum flexibility to meet the unique scholarship needs of their respective college.
“This scholarship will go a long way towards helping our students achieve the success they are aspiring for,” says College of Information Dean Kinshuk. “The permanent nature of the scholarship makes it particularly meaningful in ascertaining those dreams for students in years to come.”
UNT's Chancellor Lesa Roe, President Neal Smatresk, Foundation Chairman Bob Sherman, UNT Deans and other UNT and Foundation officials gathered in late August to sign the endowment agreements and celebrate their partnership.
“The UNT Foundation is very pleased and proud to endow these scholarships, affirming its commitment to supporting UNT’s educational mission and providing a perpetual source of funding to UNT and its students” says UNT Foundation President Mike Mlinac. “These endowments add to the foundation’s support for UNT’s academic community, which it holds in high regard, and will hopefully serve as vehicles for potential future gifts by the foundation and other donors.”
The University of North Texas Foundation manages and grows private assets to support the university’s mission through investment management and administration of endowments and planned gifts. It currently manages $190 million of combined UNT and Foundation endowments.
“This generous endowment from the UNT Foundation is an investment in one of our strongest assets – our students,” says College of Health and Public Service Dean Neale Chumbler. “We greatly appreciate this gift that allows our students to pursue their passions in health and public service where they can make a career out of making a difference.”