Monday, July 23, 2018 12:27 pm
Verbatim: Purdue University Fort Wayne Presents The Chapman Challenge
The following was released on Mon. July 23, 2018 by Purdue Fort Wayne:
FORT WAYNE, Ind.—Purdue University Fort Wayne and Howard and Betsy Chapman have developed The Chapman Challenge to create 25 new endowed scholarships in the amount of $25,000 each.
The Chapmans have pledged more than $200,000 to be matched $1 for $2 in the creation of the endowments. A donor would contribute 2/3 of the $25,000 and the Chapmans would donate the remaining 1/3 for the scholarship.
“This is a unique and generous opportunity offered by the Chapmans,” says Ron Elsenbaumer, chancellor. “Endowing the scholarships means they will benefit generations of Purdue Fort Wayne students because the principal donation will remain in perpetuity.”
The goal is to create the 25 endowed scholarships in year one of the newly realigned Purdue University Fort Wayne. The Chapmans want only to donate the money. They want the decisions regarding the requirements of the scholarship and any other involvement to be solely with the majority donor.
“Our commitment to this university is stronger than ever,” says Howard Chapman, donor. “Betsy and I believe the future of this campus is bright, and we are dedicated to helping students become successful members of the community.”
Fifteen donors have already committed to creating an endowment through this opportunity.
The scholarship will be available to students attending Purdue University Fort Wayne.
For more information about The Chapman Challenge or how to become a donor, contact the Office of Advancement at 260-481-6962 or firstname.lastname@example.org.
Howard and Betsy Chapman
Howard and Elizabeth “Betsy” Chapman are longtime supporters and active members of the university community. They endowed the first professorship chair in 2001, known as The Chapman Distinguished Professor of English. In 2007, they established The Chapman Scholars Program and have continued to enhance it since its inception. As a director of Waterfield Mortgage Company, Betsy Chapman was instrumental in the participation by that organization in funding the university’s on-campus housing.