News Release #5

FOR IMMEDIATE RELEASE

CONTACT: Lydia Szyjka
610-647-4400, Ext. 3143

W.W. SMITH CHARITABLE TRUST AWARDS $56,000 TO IMMACULATA UNIVERSITY

Immaculata University has received a financial grant of $56,000 for the 2003-2004 academic year from the W.W. Smith Charitable Trust. This year´s grant, approved for selected institutions, will allow Immaculata to provide financial aid to its needy and worthy full-time undergraduate students. Each year students, known as W.W. Smith Scholars, are awarded $2,000 or $2,500 annually to continue their studies. The Trustees prefer that a financial grant be given to the same student for two or more years to encourage continuity and recognition. The Trust strongly prefers that the students selected be U.S. citizens and residents of the Delaware Valley whose financial resources would not otherwise permit them to attend college and whose economic status would make them ineligible for financial support.

The W.W. Smith Charitable Trust was established by the Will of William Wikoff Smith, former chairman of Kewanee Industries, ship enthusiast, and Philadelphia philanthropist. It was his hope to pass on to future generations the importance of giving to others and supporting the community. Since the time of his death in 1976, the Trust has awarded grants annually in the Delaware Valley region for medical research, college scholarships, and food, clothing and shelter for children and the aged. Grants from the Trust have been made available to Immaculata since 1978. As stipulated by the W.W. Smith Charitable Trust, all funds awarded are to benefit students without regard to gender, race, color, creed or national origin.

Immaculata University, a Catholic, liberal arts institution, offers over 40 concentrations leading to bachelor´s degrees, six master´s programs, and two doctoral programs. It is located 20 miles west of Philadelphia, south of the intersection of routes 30 and 352, between Paoli and Exton.

z: releases/W.W. Smith Trust # 5
7.21.03

Author: admin

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