DePauw Receives $1.5 Million Gift
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowDePauw University alumnus Tim Solso has given $1.5 million to the Rector Scholarship Endowment. Since the scholarship’s inception in 1919, more than 4,000 DePauw graduates have been awarded Rector funds.
Solso’s gift was made as the university plans to celebrate the 100 year anniversary of the Rector Scholarship May 10-12. The gift brings the ongoing campaign for new commitments close to its goal of $14 million.
If the goal is reached, the endowment will total $40 million, which the university says will be enough to extend full-tuition scholarships to 10 students a year for the next 100 years.
“The Rector Scholarship made it possible for me to enroll at DePauw, where I learned to lead, think critically and communicate clearly,” said Solso, who was chief executive officer of Cummins from 2000-11 and chairman of General Motors from 2014-16. “I am pleased to invest in the Rector Scholarship tradition to benefit future generations of DePauw students.”