A $150,000 gift to the Ever Elon Campaign from The Sapphire Foundation will establish a need-based scholarship at Elon University. The foundation made the gift at the recommendation of Elon parents Daniel and Laurel Woods, of Knoxville, Tenn.
The Sapphire Scholarship will be awarded to a student with demonstrated financial need who maintains a minimum cumulative GPA of 3.0. Endowing additional need- and talent-based scholarships is one of the goals of the $100 million Ever Elon Campaign.
Daniel Woods, foundation president, says Elon’s values are in line with those of the foundation, which is dedicated to education and conservation.
“Our mantra is ‘One Planet, One Family,’ and we felt that Elon was a good fit,” Woods says. “Elon is very international and a very progressive school, plus Elon has the moral values that we like. The way the world is going to find peace is through education, and just educating the people who can afford it is not going to accomplish that.”
The couple’s daughter, Amber, is a member of Elon’s Honors program and is “thrilled to be at Elon,” Woods says. The couple own The Woods Group, which invests in commercial properties.