W.W. Smith Charitable Trust Awards $38,500 to IU
Immaculata University has received a grant in the amount of $38,500 for the 2011-2012 academic year from the W. W. Smith Charitable Trust.
This year´s grant will allow Immaculata University to provide financial aid to 16 academically worthy and financially needy full-time undergraduate students, including 1 freshman, 4 sophomores, 6 juniors, and 5 seniors. Eight of this year´s W. W. Smith Scholars have been renewed from last year. Average GPA for award recipients is 3.55; award amounts vary from $1700 to $4000.
The Trust requires that the students selected be permanent residents of the Delaware Valley Area (Philadelphia and its neighboring counties) whose financial resources would not otherwise permit them to attend college.
With this recent gift, the W. W. Smith Charitable Trust has awarded cumulative gifts to Immaculata University of well over $1 million dollars. The W. W. Smith Charitable Trust was established by the will of William Wikoff Smith, former chairman of Kewanee Industries, photographer, 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 is a residential, Catholic, coeducational institution of higher education, located on the Main Line between Malvern and Exton, 20 miles west of Philadelphia.