University of Hawaii at Manoa Receives Grant from the Starr Foundation to Build Scholarship EndowmentUniversity of Hawaiʻi
University of Hawaii Foundation
Kate Wester, (808) 956-9095
External Affairs & University Relations
The C.V. Starr Foundation of New York, N.Y. recently awarded a $200,000 grant to the University of Hawaiʻi Foundation (UHF) to be used for scholarships for students at the University of Hawaiʻi at Mānoa campus. The funds will augment the C.V. Starr Scholarship Fund, a permanent endowment originally established in 2001.
"We are extremely pleased the C.V. Starr Foundation has established and continues to fund its Scholarship Fund for students at the Mānoa campus of the University of Hawaiʻi," said UHF President Betsy Sloane. "Since establishing this Fund the Starr Foundation has contributed a total of $600,000 to make it one of the Foundation‘s single largest scholarship endowments."
The C.V. Starr Foundation was established in 1955 by Cornelius Vander Starr who founded the American International family of insurance and financial service companies, now known as American International Group, Inc. It makes grants in a number of areas including education, medicine and healthcare, public policy, human needs, culture, and the environment.
Money from the fund will be awarded on an annual basis based upon the scholarship needs of the University of Hawaiʻi at Mānoa as determined by its Chancellor, Peter Englert.
"We plan to use this scholarship fund for two priority areas. One area is to help the University fulfill its special obligation to the state‘s indigenous people by supporting scholarships with preference given to native Hawaiian students pursuing undergraduate or advanced degrees in science and/or technology," said Englert. "The other is to support students pursuing graduate degrees in Asian Studies. As one of the nation‘s leading universities in Asian Studies, the University of Hawaiʻi depends on outside funding to attract the best students."
About the University of Hawaiʻi Foundation
The University of Hawaiʻi Foundation is an independent, nonprofit organization whose purpose is to raise private funds according to priorities determined by the academic leadership of the University of Hawaiʻi. Founded in 1955, the Foundation provides a full range of fund raising and alumni relations services for all 10 UH campuses. For more information on the Foundation, visit www.uhf.hawaii.edu.