Future Scholar Aided by $355K donation

Friday, July 31st, 2009

Allen Singleton, alumnus of Eastern Shore University of Maryland recognizes how his alma mater meant to him.  In return, he gave a $355,000 donation that will create an endowment scholarship.  This would be titled Singleton-Stone Endowed Scholarship Fund and will have its first recipients the following year of Singleton’s death (now 76 years old).

The school’s director of planned giving and alumni affairs, Kimberly Dumpson, said “This is someone with a long history that started with the university.  Fortunately, he believes that he owes many things to the school.”

Singleton was named the largest school alumni contributor for the university.  In fact, it’s not the first time that he gave a donation.  For the past three years, two other endowments named Singleton Leadership Fund and Singleton Endowment Fund for Education and Business were created - this makes his donations total over $500,000.

Singleton considers business professor Vernon Stone as a mentor.  Their scholarship will be given to any graduate or undergraduate who demonstrate academic excellence.   ”The school is always grateful to those who make philanthropic contributions and demonstrate appreciation for high-quality education to enrich the lives of students,” said Thelma Thompson, University President.  “Through this very special gift, the scholars of Singleton-Stone will have the opportunity to experience the same level of achievement as their benefactor,” she added.

Tags: Allen Singleton, donation, Eastern Shore University, Kimberly Dumpson, Maryland, Planned Giving, Singleton-Stone Endowed Scholarship Fund, Thelma Thompson, Vernon Stone
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