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Worcester Polytechnic Institute
Office of Annual Giving
100 Institute Rd.
Worcester, MA 01609-2280
On March 24, 2010, WPI held its annual Endowed Scholarship Program Dinner in the Campus Center Odeum. The evening's speaking program included remarks from President Dennis D. Berkey, Assistant Vice President for Development Lisa Maizite, Henry J. Fitzgerald '75, Elizabeth Schreiber '10, and Ryan Sebastian '10.
Since its founding in 1865, WPI has been the grateful beneficiary of many extraordinary acts of generosity, beginning with the gift of John Boynton. This successful tinware manufacturer gave his life's savings of $100,000 to found the university.
Through the years, Boynton's gift has inspired hundreds of others who have believed in his vision. Many of those donors have chosen to help young men and women attend WPI by creating scholarship funds to support qualified students. To date, they have provided WPI with scholarship endowments totaling over $85.8 million. These 370 separately named funds generated over $5.6 million in aid this year for more than 950 awards, augmenting the $36 million WPI spends on financial aid from its own operating funds.
Considering that about 90 percent of our 3,400 undergraduates now require some form of aid (including student loans), it is clear that these endowed scholarships play a vital role in keeping our doors open to all qualified students.
The Endowed Scholarship Program Dinner is dedicated to two groups of honored guests. First, we celebrate those who have established scholarships at Worcester Polytechnic Institute. Through your generosity and vision, you helped give the gift of a WPI education to generations of young men and women. Your scholarships yield immeasurable returns, ones that continuously unfold across the WPI campus and beyond our university's borders, as the recipients go on to lives of leadership, achievement, and fulfillment. Second, we welcome the outstanding students who benefit from this remarkable philanthropy. We hope that this special gathering of givers and receivers will inspire new and lasting friendships among those who know and love WPI.
March 29, 2010