The University of Notre Dame has announced a $35 million gift from alumni Mark W. and Stacey Miller Yusko to establish a new undergraduate scholarship program.
The gift will be used to create the Hesburgh-Yusko Scholars program, which is designed to attract talented undergraduate students and provide them with the tools to become transformational leaders in the image of former Notre Dame president Theodore M. Hesburgh, who led the university from 1952 to 1987. Twenty Hesburgh-Yusko Scholars will be selected annually based on their academic accomplishments, integrity and moral character, leadership abilities, and a commitment to a life of service embracing the values of Catholic social tradition. Scholars will receive $25,000 annually for four years as well as fully funded summer enrichment experiences, seminars and service-learning projects during the academic year, career advising, and alumni mentoring and networking.
Mark Yusko is the founder, president, and chief investment officer of Morgan Creek Capital Management, while Stacey Miller Yusko is director of Chapel Hill-Carrboro Meals on Wheels and a member of Notre Dame's advisory council for the College of Arts and Letters.
"On behalf of Notre Dame, I want to extend my most sincere appreciation to Mark and Stacey for this extraordinary gift," said Notre Dame president John I. Jenkins. "Their generosity is matched only by their vision for this scholarship program, and we look forward to working with them for many years to attract high-caliber students and nurture their gifts so that they might have an enduring impact on the university, the nation, and the world."
[Cloche tip to Dad]