Thanks to its most recent grant, Juniata College will be able to provide endowed scholarship funding for some in-state students.
Juniata College announced Friday it has received $385,000 in grant funds from the Stabler Foundation out of Harrisburg.
“We’ve been talking to them for a long time and we’re excited to have received this gift,” said Juniata College president James Troha. “This is going to help our students make the Juniata experience more affordable, which has always been very important to us.”
The Donald B. and Dorothy L. Stabler Foundation was established by Mr. and Mrs. Stabler in 1966 exclusively for charitable, religious, scientific, literary, or educational purposes. The foundation supports post-secondary educational institutions and parochial or church-related schools that are not operated or controlled by the government.
The funding will be awarded for the first time in the fall.
The Donald B. and Dorothy L. Stabler Scholarship Fund supports students from Pennsylvania who demonstrate financial need and academic promise.
Students who receive scholarship funds will be asked to sign a letter of intent stating they will make a contribution to their alma mater in the future when they are in a position to do so.
Mr. and Mrs. Stabler believe this “debt of conscience” promotes a culture of philanthropy and goodwill rather than one of obligation.
“We’re very grateful for the generous gift from the foundation. It’s going to be a tremendous help for a lot of families to make Juniata College more affordable,” said Troha.
The foundation also provides funding for nonprofit hospitals or medical facilities that are not operated or controlled by the government; private organizations and institutions that provide services and assistance to persons who are mentally, physically or developmentally challenged, persons suffering from drug or alcohol abuse, the aged and the poor; as well as religious institutions and social service organizations that seek to preserve and instill traditional moral and ethical values.
Nathan can be reached at firstname.lastname@example.org.