Anonymous donors pledged a $15 million deferred gift to a private Indiana university, and the endowment was designed to support scholarships for years
TIMESOFINDIA.COM / Jun 04, 2026, 16:42 (IST)
Valparaiso University received a historic $15 million anonymous donation for an endowment scholarship fund. This significant gift, the largest for scholarships at the 161-year-old institution, ensures long-term student aid. Endowments provide enduring financial support, crucial for universities facing declining enrollment and rising costs. This commitment underscores the lasting power of philanthropy in expanding educational opportunities for future generations.