University of Redlands Receives $35 Million for Scholarships

University of Redlands Receives $35 Million for Scholarships

The in California has announced a $35 million gift from alumni Richard and Virginia Hunsaker ('52) to establish a scholarship program.

The largest gift in the university's history will benefit incoming students who possess leadership skills and are active in the community. The Richard and Virginia Hunsaker Scholarship Prize will provide full tuition support for four years to as many as forty students a year. The students also will receive assistance in securing internships and research opportunities within their fields of study.

The latest gift brings the Hunsakers' support for the university to nearly $75 million, including four endowed chairs and funding for facility upgrades at the Hunsaker University Center. Richard Hunsaker, the founder of property management firm Hunsaker Management, Inc., served on the university's board for twenty-eight years — fifteen of them as board chair — while his wife served on the board for nine years.

"Ginnie and I believe wholeheartedly in the power of higher education to shape the leaders of tomorrow because of the impact the University of Redlands had on both of our lives," said Hunsaker. "Our hope is that this gift will enable our alma mater to have the same impact on a new generation of talented students."

"." University of Redlands Press Release 10/18/2014.