Special Edition: Feb. 2, 2011
Gift Raises Scholarship Commitment to $25 Million
University Trustee Rich Handler ’83 and his wife, Martha, have announced their intention to make a gift of $20 million that will raise their total giving to $25 million—the largest commitment to student scholarship in University history. The additional gift will provide substantial support to the Alan and Jane Handler Scholarship Fund. The fund was established in 2007 by Rich and Martha with a grant totaling $5 million and is named in honor of Rich's parents.
Student recipients are known as the Alan and Jane Handler Scholars and are selected on the basis of outstanding scholarship potential, financial need because of under-privileged backgrounds, and outstanding potential to be future leaders. Each student receives a scholarship that covers all University expenses, including tuition and fees, room, board, and books. Handler Scholars receive awards annually throughout their undergraduate years at the University, as long as they demonstrate adequate academic performance.
"Martha and I increased our scholarship program to $25 million because we were so pleased that the University of Rochester did such an excellent job of selecting amazing students, who through no fault of their own are truly in need," Rich Handler says.
"There is never a perfect or easy time to make a significant charitable gift, but the University has embraced our passion to help extremely qualified future leaders who have already overcome huge odds. These young men and women just need a little help before they set out to make the world a better place. We are honored to be part of this process and look forward to participating in this significantly expanded program," he adds. Read more...
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