Seattle Pacific Foundation
SEATTLE PACIFIC FOUNDATION
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The Wellspring Society Autumn 2008 Significance Newsletter (pdf)
ABOUT THE SEATTLE PACIFIC FOUNDATION
The Seattle Pacific Foundation, established in March 1979, was immediately charged with the goal of "Endowing the Future of Seattle Pacific University." Through the vision and foresight of alumni, the Board of Trustees and the University administration, it was realized that increasing costs would place difficult financial burdens on both students and programs if solutions were not found. By implementing this focus on endowment growth, not only has progress been made for the future, but also thousands of students have already benefited from scholarships funded by endowments.
Through the ongoing gifts of alumni and friends and the prudent investment management of the Foundation's staff and volunteer board, progress is being made in meeting financial aid needs. During this current academic year, SPU students will benefit from more than $1,054,000 in scholarships directly funded by over 203 separate endowment funds. While a significant contribution, it is still far short of what is really needed.
Established as a separate nonprofit supporting organization with its own board of directors and investment committee, the Seattle Pacific Foundation provides professional management for the University's endowment. An endowment is a fund set aside and invested for the purpose of earning income that can then be used to provide scholarships or support for academic programs. The principal amount of each endowment is kept intact so it can continue to earn income in perpetuity. Enlarging the endowment base makes it possible to increase financial aid assistance and in turn to help more students who want to attend SPU.
Seattle Pacific Foundation
3307 Third Avenue West, Suite 108
Seattle, Washington 98119-1922
888-591-9778
spf@spu.edu
Seattle Pacific Foundation Staff
ENDOWMENTS
9.2.2008
Dorothy Janett Wilson Zwaduk Scholarship Endowment
SPU is pleased to announce the establishment of the Dorothy Janett Wilson Zwaduk Scholarship Endowment. This endowment is in honor of alumna Dr. Joy D. Staley’s mother, Dorothy Janett Wilson Zwaduk. Dorothy Zwaduk’s 22-year career in elementary education was made possible by a generous uncle, who gave her money after the banks closed during the Depression and she lost her hard-earned college savings. Joy Staley graduated from Seattle Pacific in 1966 with a bachelor’s of science degree in zoology and chemistry, received a master’s in education and counseling in 1970, and in 2006 received a Ph.D. in clinical psychology. She has been a long-time supporter of Seattle Pacific and desires to establish this fund, along with her husband, Edward Staley, to provide scholarships in perpetuity to deserving women studying elementary education.
9.2.2008
Robert M. Curley Men’s Rowing Endowment
Seattle Pacific University is pleased to announce the establishment of the Robert M. Curley Men’s Rowing Endowment. Jann Curley wishes to honor the memory of her husband, Robert Curley, with this endowment. Robert Curley graduated from the University of California at Berkeley in 1961 with a bachelor of science degree in engineering and later earned a master's degree in business administration. During his four years at UC Berkeley, he was a member of Theta Delta Chi fraternity and, because of his height and athleticism, was recruited to participate on the men’s rowing, helping the team win two national championships. Among many philanthropic pursuits, Robert Curley faithfully served as a member of the Corporate/Foundation Task Force at Seattle Pacific. He was a University Fellow and supporter of the University Fund, as well as
SPU's men’s rowing. This endowment fund will provide resources for men’s rowing operations and/or scholarships for men’s rowing members.
9.5.2008
Edward J. and Elaine C. Underhill Scholarship Endowment
Seattle Pacific University is pleased to announce the establishment of the Edward J. and Elaine C. Underhill Scholarship Endowment. Both Edward and Elaine Underhill recognize the value of Christian higher education and its positive influence on students’ lives. Edward has been a pastor for many years and Elaine grew up near Seattle Pacific. They desire to assist Seattle Pacific in accomplishing its mission of engaging the culture and changing the world. The couple has established this endowment fund to be held in perpetuity to provide scholarships for undergraduate students who are children of missionaries.
8.13.2008
Michael H. and Elaine R. Tindall Scholarship
Seattle Pacific University is pleased to announce the establishment of the Michael H. and Elaine R. Tindall Scholarship Endowment. Michael graduated from Seattle Pacific in 1971 with a bachelor of science degree in mathematics and has served on the faculty of Seattle Pacific since 1980. He is currently a professor of Computing Sciences. Elaine graduated from Seattle Pacific in 1971 with a bachelor of arts degree and teaching certification. Their sons, Christopher and Jonathon, also attended Seattle Pacific. Because Michael and Elaine highly value the education offered to students attending Seattle Pacific, they have established an endowment to provide for Computing Sciences special projects and undergraduate scholarships in that field.
8.06.2008
Virgil G. and Norma J. Iverson Scholarship Endowment
Seattle Pacific University is pleased to announce the establishment of the Virgil G. and Norma J. Iverson Scholarship Endowment. Virgil graduated from Seattle Pacific in 1956 with a bachelor of arts degree in biblical studies. Norma attended Seattle Pacific as a nursing student and later graduated from the University of Washington with a bachelor of science degree in nursing. Their son, Paul Iverson graduated from Seattle Pacific with a bachelor of arts degree in history and Virgil’s parents, Victor and Vera Iverson also attended Seattle Pacific. Norma’s parents, Alvin and Norma Thompson also promoted and supported Christian higher education. In order to support Seattle Pacific's mission to engage the culture and change the world, Virgil and Norma have given this gift to fund scholarships for undergraduate students.
7.24.2008
William J. and Carol A. Rowley Scholarship
Seattle Pacific University is pleased to announce the establishment of the William J. and Carol A. Rowley Scholarship Endowment. This gift is given by William and Carol Rowley. William served as dean of the School of Education at Seattle Pacific from 2002 to 2008, and he also served as a counselor educator in the school’s counseling program. Carol worked for 10 years in the School of Education at SPU as a supervisor of teacher interns and as an adjunct professor of children’s literature. William and Carol intend this fund to provide scholarships for graduate students who are studying for a School of Education doctoral degree in counselor education.
7.24.2008
Ross and Barbara Shaw/Blakely Island Scholarship Endowment
Seattle Pacific University is pleased to announce the establishment of the Ross and Barbara Shaw/Blakely Island Scholarship Endowment. This gift is given by Michael Hoggarth and Karen Cook-Hoggarth in honor of Ross and Barbara Shaw. Ross served for 31 years as professor of biology. For 11 of those years he also served as director of the University’s Thomas B. Crowley Laboratory and Campus on Blakely Island. Barbara worked alongside her husband in developing the field station and its programs on Blakely Island. Michael and Karen both graduated from Seattle Pacific with a bachelor of science in biology. They wish for this fund to provide scholarships for undergraduate students participating in Blakely Island programs.