Endowment
For the 2011 fiscal year, the value of the college's endowment was in excess of $300 million, making it one of the highest in the United States on a per-student basis. The endowment was created primarily over the past seventy years utilizing both major campaigns and estate planning with alumni. Those who have funded this endowment include the pharmaceutical industrialist Eli Lilly, the company he founded, and his heirs. The school's library is named after Eli Lilly as are a number of premier scholarships.
Read more about this topic: Wabash College
Famous quotes containing the word endowment:
“... it matters not what natural endowment a race may have if it prostitutes itself to the service of death.”
—Rebecca West (1892–1983)
“The parent must not give in to his desire to try to create the child he would like to have, but rather help the child to develop—in his own good time—to the fullest, into what he wishes to be and can be, in line with his natural endowment and as the consequence of his unique life in history.”
—Bruno Bettelheim (20th century)
“I wish more and more that health were studied half as much as disease is. Why, with all the endowment of research against cancer is no study made of those who are free from cancer? Why not inquire what foods they eat, what habits of body and mind they cultivate? And why never study animals in health and natural surroundings? why always sickened and in an environment of strangeness and artificiality?”
—Sarah N. Cleghorn (1976–1959)