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Endowed scholarship established by estates of alumna, husband

Friday, July 20, 2012

FREDERICK, Md.—A Hood College alumna and her husband have left more than a half million dollars to establish a scholarship to support academic excellence and financial need.

Kenneth M. Stanley and Eleanor C. Stanley, a 1933 graduate of Hood, established The Eleanor C. Stanley and Kenneth M. Stanley Endowed Scholarship Fund with a gift of more than $500,000. The scholarship will be awarded based on merit and need.

"During these very challenging financial times, Hood is most grateful that Mr. and Mrs. Stanley were committed to enhancing academic excellence at Hood," said Ronald J. Volpe, president of the College. "Nearly 100 years ago, through the estate of Margaret Scholl Hood, the College moved to its current location. Bequests, like those established by Mrs. Hood and Mrs. Stanley, assure the continuation of this treasured institution."

“Since the College's founding in 1893, Hood has been able to offer assistances through endowments such as the Eleanor C. Stanley and Kenneth M. Stanley Endowed Scholarship Fund to students whose personal and family resources are insufficient to meet their total educational expenses," said Susan Erb, associate director of financial aid. "Thanks to the generosity of donors, both past and present, the dream of a higher education has become a reality for thousands of students."

Eleanor Stanley studied botany at Hood and spent her career as a bacteriologist at Bellevue Hospital in New York. At the time of her death in 2003, she was residing in Winter Park, Fla.