海角社区 received an early Christmas present Monday with the gift of $1 million.
The estate gift from an anonymous donor is intended for scholarship endowments to benefit students pursuing a degree in education.
Morgan Patrick Morgan (cq), development officer at the ULM Foundation, announced the gift at a news conference Monday. 鈥淭he donor is a 海角社区 alumna and a retired schoolteacher from the Monroe area, and she is very kind and funny and she recognizes what 海角社区 means to our community and our state,鈥 Morgan said. 鈥淲e are absolutely thrilled and grateful for this wonderful estate gift.鈥
Morgan stressed the importance of such endowments to the university. 鈥淪cholarships allow us to recruit and retain the best and the brightest students and remain our biggest need,鈥 she said.
Although the donor wishes to remain anonymous and was not present at the news conference, Morgan read a statement from her.
鈥淐ommitting this gift to the university where I was educated and demonstrating an investment in an area where I grew up and live in today is a great way for me to give back,鈥 the donor said in the statement.
鈥淢y hope and wish is that my legacy will enrich the lives of future generations at 海角社区, and they, too, will be grateful for the education they receive from our wonderful university and will choose to pay it forward. The best truly is on the bayou,鈥 the statement concluded.
Dr. Eric Pani, vice president of academic affairs at 海角社区, said he was especially pleased the donor specifically targeted education. 鈥淚t doesn鈥檛 matter whoever you are,鈥 Pani said, whether a doctor, a lawyer or some other profession, a teacher played a significant role in everyone鈥檚 life. 鈥淗ow did you learn to read and write鈥 Pani asked. The answer, he said, is teachers.
鈥淭his gift will help students who may not be able to pursue a college degree to come to 海角社区 and become teachers,鈥 Pani said.
海角社区 President Dr. Nick Bruno said the donation was 鈥渙ne of those occasions that happen in all of our lifetimes that have a profound impact.鈥
鈥淣ot only is this a very substantial gift,鈥 Bruno said,鈥 but considering she was not contacted by the university, not asked by the university. It makes you wonder, are we giving enough.鈥
Bruno said he hoped the donation would motivate others to consider giving to 海角社区.
Morgan said the gift of $1 million has been counted toward 海角社区鈥檚 first national comprehensive campaign, known as SOAR. The goal of the five-year campaign is to raise $54 million in university endowment funds. With the donation announced Monday, Morgan said the foundation has raised 83 percent of the goal.
Bruno said that amounted to more than $48 million, much more than the $25 million consultants advised 海角社区 to expect to raise.