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Palmer College Quad City Bank & Trust Endowed Scholarship campaign launched
9/22/2010 (Archived)
In these challenging economic times, Palmer students’ dreams to
become chiropractors are being disrupted more and more often by lack of
funds. After hearing one such story, a Trustee of The Bechtel Trusts was
so moved that he made a three-to-one matching challenge grant of
$100,000 to Palmer College. This grant will provide scholarships to meet
the immediate financial needs of academically qualified students during
the next five years.
Meanwhile, $300,000 will be raised by
Palmer College to meet the challenge made by The Bechtel Trusts. These
funds will be placed in an endowed scholarship fund to provide for
future students’ needs. Quad City Bank and Trust came forward to kick
off this challenge with a $50,000 leadership gift to Palmer—the largest
single gift to any institution in the bank’s history—at the Davenport
Campus Homecoming in August. Because of their generosity and
extraordinary participation in helping meet this challenge, the
endowment will be known as the Palmer College Quad City Bank & Trust
Endowed Scholarship Fund.
The campaign is being launched this
fall, and will conclude at the end of May 2011. Once raised, the
$300,000 will provide approximately $15,000 each year for scholarships
to students, based on financial need and academic achievement. Each
scholarship recipient will be given a minimum of $5,000. This means the
endowment would be able to help three students each year. If more than
$300,000 can be raised, more students will be helped to achieve their
dreams of becoming chiropractors. If you are interested in joining Quad
City Bank & Trust and supporting this endowment fund, please contact
Senior Development Officer Shelley Hammill, M.A., at (800) 722-2586,
Ext. 3, Ext. 4, or shelley.hammill@palmer.edu.