The President’s Report on Philanthropy and Endowments (2020–2021)

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A YEAR IN GIVING Even as the ongoing pandemic created global uncertainty, Penn State supporters showed their faith in the University’s future. Here are top stories from the Philanthropy at Penn State newsletter. To join the mailing list, please send a request to philanthropy@psu. edu. You can also look for @RaisePennState on Instagram, Twitter, and Facebook to stay up to date on all the ways that Penn Staters are supporting our institution.

SEPTEMBER 2020 Penn State and Wabtec announced a new strategic partnership that builds upon a long history of collaboration between the University and the transportation industry leader. The partnership, which touches areas across the institution, includes philanthropic support for Penn State Behrend’s science, technology, engineering, arts, and math (STEAM) camp for middle school girls.

JULY 2020 With the assistance of the Harrisburg-based Jewish Community Foundation (JCF) of Central Pennsylvania, an anonymous donor made the first major gift to Penn State’s Holocaust, Genocide, and Human Rights Education Initiative. The Initiative is partnering with the Pennsylvania Department of Education and other organizations to provide educators with the tools to tackle difficult topics in their schools.

OCTOBER 2020 Although College of Engineering alumnus David P. Stone died in 2018, his passionate love for music lives on through a faculty chair in the School of Music, endowed this year through his estate. Before his death, Stone also named the Olsan-Stone Terrace at the school’s new Recital Hall in honor of his parents.

AUGUST 2020 Twenty-five years ago—halfway through their careers as Penn State faculty—Gerry and Liz Susman made estate plans to endow positions for those who would follow in their footsteps. This year, the Susmans activated those endowments early so the University can begin awarding the professorships to accomplished academic leaders in the College of Health and Human Development and the Smeal College of Business.

NOVEMBER 2020 Building upon her own work as a leader at Dell, Smeal College of Business graduate Karen Hughes Quintos and her husband, Tony, made a $1 million commitment to create both an Educational Equity Scholarship and a program fund to ensure that the college’s students are prepared to foster a welcoming and inclusive culture in the workplace.

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