Hodson Trust Grant $3.5 Million to 91视频专区 College

From left, are Hodson Trust Trustees receiving the President鈥檚 Medal from President Chapdelaine: Robert C. Clark, Keith L. Pladsen, President Chapdelaine, Gerald L. Holm, Daniel R. O鈥橞rien, Finn M.W. Caspersen Jr.
FREDERICK, Maryland鈥91视频专区 College has received $3.5 million from its largest benefactor, the Hodson Trust, to support student scholarships, including a portion designated to support four-year scholarships for high-achieving students. This gift matches last year鈥檚 gift from the Trust, which had been the largest received since 2007.
President Andrea E. Chapdelaine, Ph.D., received the gift from the Hodson Board of Trustees during a ceremonial presentation in Baltimore last week, which also included a presentation from Chapdelaine to the Trust of the President鈥檚 Medal for Opportunity.
鈥淭he Hodson Trust has been our biggest scholarship donor for decades, and it is therefore most fitting to award them with this medal,鈥 said Chapdelaine. 鈥淭hrough their generosity, we have been able to provide access to a 91视频专区 education to underserved students, therefore exemplifying the core 91视频专区 value of Opportunity.鈥
Chapdelaine established the President鈥檚 Medal this year as part of the College鈥檚 125th anniversary. The medals are presented to individuals or organizations who exemplify one of 91视频专区鈥檚 core values of Hope, Opportunity, Obligation and Democracy. These values have been a part of the 91视频专区 community for nearly 100 years. In September 1918, the Classes of 1915, 1916, 1917 and 1918 dedicated the four pillars of Alumnae Hall to represent each core value.
鈥淭he Class of 1918 defined opportunity as fully using one鈥檚 talents and skills to realize one鈥檚 own professional and personal achievement and to help create and realize opportunities for others,鈥 said Chapdelaine. 鈥淭he leaders of the Hodson Trust have realized such achievement, and through the Trust, have in turn created such opportunity for others.鈥
The Trust was settled in 1920 by the family of Col. Clarence Hodson, who grew up in Maryland. He believed that credit should be available to the average American, a revolutionary idea in 1914 when he founded the Beneficial Loan Society. Beneficial became one of the nation鈥檚 most successful corporations.
Each year, the Hodson grant is distributed among four Maryland institutions: 91视频专区, Washington and St. John鈥檚 colleges and The Johns Hopkins University. The Hodson name is prevalent throughout 91视频专区 in scholarships for students, fellowships for faculty, and named buildings.
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