Elon receives $1.2 million Kenan Trust grant

A grant from the William R. Kenan, Jr. Charitable Trust to Elon University will provide $1.2 million to establish a scholarship endowment for the honors program and name a pavilion in Elon's new Academic Village. Details...

The William R. Kenan, Jr. Honors Fellows Scholarship will provide a four-year, full-tuition grant for the top Honors Fellow enrolling each fall. The first recipient will be named in fall 2003. The Kenan Scholarship recipients will also have extensive enrichment opportunities, including leadership development, service learning experiences, study abroad, research stipends and internships.

“This grant is a vote of confidence in Elon’s academic programs and confirms the University’s growing status and recognition,” said Leo M. Lambert, Elon president. “We will take great pride in having the Kenan name associated with these prestigious scholarships, and we are pleased to be able to name the William R. Kenan, Jr. Honors Pavilion in the Academic Village in recognition of this outstanding grant.”

The Academic Village is a classically designed seven-building quad for the arts and sciences. It includes living-learning pavilions that feature housing for students and faculty, along with classrooms and department offices and an outdoor amphitheatre.

The William R. Kenan, Jr. Charitable Trust, based in Chapel Hill, N.C., is one of the most prestigious supporters of higher education in the nation, reserving its support for universities of the highest quality that demonstrate teaching excellence.

Dr. Richard M. Krasno, Executive Director of the Kenan Trust, stated, “We have been particularly impressed with Elon’s attention to high quality liberal arts education and are delighted to be collaborating with Elon by providing support for its Honors program.”

A North Carolina native, William R. Kenan, Jr. was a chemist and industrialist with wide-ranging business interests. Upon his death in 1965, the William R. Kenan, Jr. Charitable Trust was created to further his strong interest in education. Since 1966 the Trust has made grants totaling $400 million in support of education.