Friday, September 14, 2012
Legendary former Lipscomb University basketball coach Don Meyer and his wife, Carmen, have established an endowed scholarship fund at Lipscomb.
The Don and Carmen Meyer Endowed Scholarship will provide scholarships each year for a very special group of students in the lives of the Meyers – descendants of former basketball players, trainers, coaches and other intercollegiate athletics staff who were associated with Don Meyer’s tenure as coach.
As those who know the Meyers well might expect, the scholarship is intended first to help students who would find it financially difficult to attend Lipscomb without the benefit of significant aid.
"Knowing how they have invested so much of their lives into those of the players, coaches, staff and community at Lipscomb University, it is no surprise that they would establish a scholarship benefitting the families of those to whom they've already given so much,”said Philip Hutcheson, director of athletics at Lipscomb and a former All-American during Meyer’s tenure. “Many family trees have been permanently changed for the better as a result of time spent learning on the Lipscomb campus and from the coaching and friendship of the Meyers and many more will be changed in the years to come as this scholarship will provide others the chance to learn and grow on the Lipscomb campus as well.
“This gift and willingness to help generations to come is a perfect reflection of the servant attitude that they have displayed throughout the years they've been a part of the Lipscomb community. I am confident that those who benefit from this gift, and from their time at Lipscomb, will learn some of those same lessons Coach used to preach, and as a result, the Meyers' Lipscomb legacy will live on," Hutcheson said.
With permission of its key donors, the assets of a previous scholarship established by the university in honor of Coach Meyer have been added to the new Meyer Scholarship. As a result, the first scholarship could be awarded as early as fall 2013, said G. David England, associate vice president and director of Lipscomb’s Office of Donor Relations.
The intercollegiate athletics program and Office of Financial Aid will work together annually to identify candidates for the Meyer Scholarship.
Endowed funds like the Meyer Scholarship are extremely important in the lives of Lipscomb students. In the 2011-2012 academic year, nearly 89% of traditional undergraduates received some sort of financial aid provided by Lipscomb. Aid provided by the university – which is often in addition to federal assistance – is the difference for many who would not otherwise be able to benefit from a unique Lipscomb education.
The special benefit of an endowed scholarship is that donations are permanently invested and provide continuous support that helps the university meet students’ needs for financial aid. One of the university’s goals as part ofLipscomb:Next–A Vision for 2016 is to add $20 million to the overall endowment, including to scholarship funds.
Anyone may contribute to the Meyer Scholarship by visiting give.lipscomb.edu – enter “Don and Carmen Meyer Scholarship” in the blank for the “endowed fund you wish to support.” The same form may be used to contribute to any existing endowed fund.
The minimum amount necessary to establish an endowed scholarship is $25,000, which donors often choose to give over a period of years or even through estate gifts. If you are interested in establishing an endowed scholarship, contact Andy Lane, Associate AD for Development at 615-966-5853 or firstname.lastname@example.org
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