Valparaiso University has received a $1 million commitment to support its unrestricted endowment fund. The university also received $250,000, which will be used to establish the Marian J. and Anthony B. Moon Endowed Scholarship Fund.
The gifts came from alumna Marian Schaper Moon and the Rev. Anthony Moon, Ph.D. The university says unrestricted giving is among the most important support a university can receive because it gives "the ultimate level of flexibility to meet the most pressing needs."
“Tony and I are blessed to be in a position to give back to the University,” said Marion Schaper Moon. “I would not have been able to attend Valpo without the scholarship support I received, and this fund will ensure that future students have that same opportunity. We also wanted to establish a source of funding for the University leadership to use to meet the most immediate needs, and the unrestricted endowment fund will offer that support in perpetuity.”
The university says its leaders can respond to unforeseen challenges, fund a program or scholarship that may not have received support otherwise or take advantage of an opportunity that requires immediate funding that isn’t available in the university’s operating budget.
Unrestricted giving is among the most important support the University can receive, as it provides the ultimate level of flexibility to meet the most pressing needs. University leaders can respond to unforeseen challenges, fund a program or scholarship that may not otherwise receive support, or seize an opportunity that requires immediate funding that is not available in the operating budget.
“Marian and Tony’s philanthropic support of Valparaiso University is deeply valued,” said Mark A. Heckler, Ph.D., president of Valparaiso University. “By designating their commitment to our unrestricted endowment fund and establishing a scholarship that offers the maximum flexibility for us to help students, they demonstrate great faith and trust in Valpo’s future. We are all truly thankful for their confidence and support of the University.”