Beliefnet News

Beliefnet News

Gordon College Triples Endowment With $60 Million Gift

posted by nsymmonds | 4:49pm Wednesday August 29, 2007

By G. Jeffrey MacDonald
BOSTON (RNS) An evangelical college on Boston’s North Shore is about to become nearly three times richer, thanks to a $60 million gift from a California couple whose two grandchildren attend the school.
The gift to Gordon College from real estate developer Dale Fowler and his wife, Sarah Ann Fowler, catapults Gordon’s endowment from $33 million to $93 million. In honor of the gift, administrators on Wednesday (Aug. 29) unveiled a sign naming the Wenham, Mass. campus, “The Dale E. and Sarah Ann Fowler Campus.”
“Our great desire is for Christ to be pre-eminent in our management of wealth,” Dale Fowler told a school-wide audience at a chapel service marking the first day of school (Wednesday, Aug. 29). “Hopefully many others, led by God’s Spirit, will see in Gordon College an opportunity to make a difference.”
Even before pledging their endowment gift, the Fowlers had become active donors to Gordon. Their financial commitments paved the way for such projects as new bleachers for athletic events, campus landscaping projects and a soon-to-be-established post for an admissions recruiter in Southern California. Now the unrestricted endowment gift opens a range of opportunities for the school’s approximately 1,800 undergraduate and graduate students.
“The Fowlers’ gift is often the most difficult money for colleges and nonprofits to raise as most gifts go towards a specific project,” said Dan Tymann, the school’s executive vice president for advancement, communication and technology. “Their generosity will not only secure the financial future of the College, but will also allow Gordon to invest in more student scholarships, enhance faculty salaries, support new and ongoing programs and assist with capital projects.”

Copyright 2007 Religion News Service. All rights reserved. No part of this transmission may be distributed or reproduced without written permission.



Previous Posts

Did Rastafarian spokesman Bob Marley become a Christian on his deathbed?
Three decades after the death of legendary Jamaican musician Bob Marley, an intriguing story is circulating. “What most people don't know, and many try to cover up, is the fact that Bob Marley converted to Christianity in 1980,” proclaims an article that has appeared on a number of websites.

posted 4:52:03pm Feb. 10, 2012 | read full post »

Are U.S. colleges hostile to Christian students?
Are Christian kids on U.S. college campuses facing open hostility and discrimination because of their faith? Supreme Court Justice Justice Samuel Alito seems to think so. So does U.S. Seventh Circuit Court of Appeals Judge Daniel Ripple – and human rights attorneys Gregory Baylor and Jordan Lorenc

posted 12:18:26pm Feb. 09, 2012 | read full post »

Building a Temple to Atheism
When I say temple, you think religious place of worship right?  When I say atheist, you think one that believes there is no God.  Stay with me now, when I say religion, don’t you think about the worship of God?  Before this blog becomes a full blown say what you are thinking game, let me get to

posted 5:49:11pm Feb. 03, 2012 | read full post »

Romney Nabs Second Primary Victory in Florida
"I stand ready to lead this party and to lead our nation.  My leadership will end the Obama era and begin a new era of American prosperity," Romney said in his victory speech in Tampa Tuesday night.  Romney who won all 50 of Florida’s convention delegates is the only Republican candidate to have

posted 5:15:58pm Feb. 02, 2012 | read full post »

Science Whiz Gets a New Home
17 year-old Samantha Garvey made national headlines when she was selected as an Intel Science Talent Search semi-finalist—one of 300 across the country vying for the top prize, a $100,000 science scholarship.  It was Garvey’s home life that tugged at the heartstrings of people all over the coun

posted 11:53:07am Jan. 30, 2012 | read full post »

Advertisement
Comments read comments(11)
post a comment
jestrfyl

posted August 29, 2007 at 7:52 pm


Christmas/Easter/Pentecost in August! Gordon “absorbed” a college I once attended (but never graduated). Gifts is gifts, wrapped in shiny paper, rolling out of a cave, or flowing like fire. I hope their goof fortune extends to people in need of a good education.



report abuse
 

jestrfyl

posted August 29, 2007 at 7:54 pm


Dr Freud, my slip is showing… That should read gooD not gooF, as in good fortune. As Dave Letterman used to say, “Things that make you go ‘hmmmmmm’”.



report abuse
 

pagansister

posted August 29, 2007 at 8:41 pm


I’m all for money for education….and this is a lot of money. It will be used well, I’m sure.



report abuse
 

pagansister

posted August 29, 2007 at 8:42 pm


I’m all for money for education….and this is a lot of money. It will be used well, I’m sure.



report abuse
 

Anonymous

posted August 30, 2007 at 2:00 am


An evangelical college on Boston’s North Shore is about to become nearly three times richer, thanks to a $60 million gift from a California couple whose two grandchildren attend the school.
1 Canadian Penny says that those grandkids have the WORSE GPA in this history of GPAs. ;-)



report abuse
 

nnmns

posted August 30, 2007 at 2:13 am


I, too, am for money for education. I’d as soon a lot of money went to a public institution; they have great needs, too. But i looked through Gordon’s website a bit and based on what I saw there (and I could be wrong here all too easily) the money probably will indeed be well spent. It looks like, aside from their basic theological assumption, the college’s heart is in some of the right places.



report abuse
 

Windsors Child

posted August 30, 2007 at 2:35 pm


I am really not trying to be sarcastic; that is not why I am writing this post. But this is to nnmns and to the anonymous person who wanted to bet one Canadian penny. I have a serious, legitimate question about your statements [1] that the grandkids will have the worse GPA and [2] that the college’s heart is in some of the right places. My question is this. By what authority do you determine these statements? Who gets to decide where a college’s heart should be? And who gets to assume that any particular student in any particular school is going to fail? I’m just curious about what criteria you have used to reach these conclusions?
No disrespect intended.



report abuse
 

Joey

posted August 30, 2007 at 5:12 pm


“It looks like, aside from their basic theological assumption, the college’s heart is in some of the right places.”
Oh my goodness. Did Nnmns just say something vaguely a little nice about a religious institution? I’d bet more than a Canadian penny it’ll be raining fire and brimstone soon. :-)
God bless.



report abuse
 

nnmns

posted August 30, 2007 at 8:15 pm


WC, I get to determine where I think a college’s heart should be. What did you think, I was speaking for the government or something? Or, as an atheist, did I lose the right to an opinion?
I thought the failing student was a bit low but I understand where the idea could come from. I’m sure a nice gift from a relative has eased the college careers of some students. I’m sure a lot of people have wondered how GWB graduated from Yale; that’s one possible answer.



report abuse
 

nnmns

posted August 30, 2007 at 8:19 pm


Joey, I’m sure some people have expected me to be hit by lightning years ago. So far, nada. Don’t hold your breath for the Biblical weather.
And I have occasionally said niceish things about religious institutions. I even praised the RCC for having supported science relatively recently; it remains to be seen whether that wisdom will survive the present pope.



report abuse
 

MrsB

posted September 19, 2007 at 8:03 am


*Regarding this:
“An evangelical college on Boston’s North Shore is about to become nearly three times richer, thanks to a $60 million gift from a California couple whose two grandchildren attend the school.
1 Canadian Penny says that those grandkids have the WORSE GPA in this history of GPAs. ;-)
Actually, if you could only meet those two kids. Their granddaughter was my suitemate my freshman year at Gordon (2004-05) and I have NEVER met anyone so studious – her GPA has got to be at least a 3.8 or more, but they both are very intelligent people. Hard working kids – despite all that money, their grandaughter still worked for her $$ at the college fitness center, and eventually became a student manager (I think she stil is.).
How ’bout them apples. :-) May as well keep your penny.



report abuse
 

Post a Comment

By submitting these comments, I agree to the beliefnet.com terms of service, rules of conduct and privacy policy (the "agreements"). I understand and agree that any content I post is licensed to beliefnet.com and may be used by beliefnet.com in accordance with the agreements.

Share this story


About Beliefnet

Our mission is to help people like you find, and walk, a spiritual path that will bring comfort, hope, clarity, strength, and happiness. More about Beliefnet.

Help

Media Kit

Subscribe

Legal

Copyright © Beliefnet, Inc. and/or its licensors. All rights reserved. Use of this site is subject to Terms of Service and to our Privacy Policy. Constructed by Beliefnet.

Advertisement

Report as Inappropriate

You are reporting this content because it violates the Terms of Service.

All reported content is logged for investigation.