Tag Archives: Donor Opportunity Fund

Student Worker at Hermann HallAlumni and friends continued to make Berry students a priority during the recently completed 2011-12 fiscal year, with gifts totaling an amazing $13.7 million.

Highlights include the February announcement of the Donor Opportunity Fund, created by an anonymous friend of Berry to encourage support for students willing to work hard for their education through the Gate of Opportunity Scholarship Program. By providing a $1.25-for-$1 match, the fund makes it possible for donors or groups of donors to establish $225,000 scholarship endowments with gifts of just $100,000. The match also can be used for enhancing an existing endowed scholarship into Gate of Opportunity status. One-half of the fund’s seed money was received in 2011-12, and 23 new scholarships were stimulated (including three from reunion classes).

Also of the note is the successful alumni-driven campaign to name the science building for Dr. Lawrence E. McAllister, father of Berry’s physics program, as well as a record $2.4 million in annual gifts to Berry’s Firsthand Fund, which provides immediate support for work and scholarships. Look for more giving highlights in the fall issue of Berry magazine and the online Honor Roll of Donors. In the meantime, please accept our heartfelt thanks for all you do in support of Berry students.

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Scholarship Night has always been an emotional celebration bringing together students and the donors who fund their scholarships, but this year’s event took on added significance thanks to the tremendous generosity of a longtime Berry friend and the incredible opportunities that will result.

On a night when Berry annually expresses its sincere appreciation to all scholarship donors, a new act of generosity was announced that has resulted in the formation of a $10 million Donor Opportunity Fund designed to help speed the creation of 80 additional Gate of Opportunity Scholarships. The fund provides matching support – at a rate of $1.25 for each dollar given – to individuals or groups who endow new Gate of Opportunity Scholarships. Once established, these new scholarships will benefit Berry students for generations to come.

Each four-year Gate of Opportunity Scholarship represents a partnership among a donor, a student and his or her family, and Berry, with each partner contributing approximately one-third of the cost of the student’s education. The student’s portion comes largely through extensive participation in the Work Experience Program.

Twenty-eight students currently are working their way through Berry with the prospect of graduating debt-free thanks to Gate of Opportunity donors. One student whose life has already been changed by this mission-focused program is Naing Oo. Watch the video to learn more about his inspiring story.

Read more.

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