Evangel Business Department scholarship fund grows through significant alumni contributions
January 7, 2013 | Chase Replogle
The Evangel University Department of Business has launched a campaign to build its endowment for scholarships, and response has been exceptional, according to Bernie Dana, chair of the department.
In August, Evangel’s Department of Business established a goal to raise $700,000 in pledges for endowed business scholarships, to be fully funded within five years.
“We have nearly reached that goal in the first few months,” says Dana. “We are thrilled with the response from the alumni and friends contacted so far.”
Named the “Legacy Fund,” the first phase of the campaign was to obtain commitments for 14 Legacy Partnership shares of $25,000 each. The $350,000 committed at this stage was to be leveraged as matching funds in a general campaign to obtain the rest of the goal throughout the next year.
Instead of 14 shares, however, Dana received commitments for 25 Legacy Partnership shares, totaling $625,000 from 17 individuals and one corporation. The corporation also pledged to cover up to $10,000 in general campaign cost.
“As a result of our success in the first phase, we have expanded the campaign goal to $1 million,” says Dana.
The second phase (general campaign) was launched in mid-December with a mailing to alumni and friends of Evangel’s Department of Business.
A campus-wide effort
“We are deeply grateful for the outstanding leadership that we have in all of our academic departments,” says Evangel’s President Robert H. Spence. “Bernie Dana is exemplifying the importance of fund raising being a campus-wide effort.
“The success of this effort can be attributed to the very positive relationship that his department enjoys with its alumni,” Spence added. “We believe that our other academic departments will be inspired by these results.”
Local business family endorses Legacy Fund
Daniel Coryell, a 2003 Evangel graduate, was one of the first business alumni contacted.
“My faith-based business education at Evangel was excellent, and I’m excited about the new programs and direction of the department,” says Coryell.
“I asked my family to join me in being Legacy Partners in this campaign to express our confidence in the future of Evangel’s business program,” he continued.
The Coryell’s are the owners and developers of TLC Properties in Springfield.
Started in 1988 by Sam and Carol Coryell, TLC Properties remains a family-owned and operated business, with 14 apartment communities and approximately 3,000 apartments.
Their sons, Sam M., Daniel and David have played vital roles in the development of the company. Daniel and David are both Evangel graduates.
TLC earned the Springfield Chamber of Commerce “Strube Small Business of the Year Award” in 2009. In addition, they were awarded the Springfield News-Leader “Best Property Management Company Award” in 2009, 2010, 2011 and 2012.
EU’s comprehensive Business Department
Evangel’s Department of Business has comprehensive majors in Accounting, Business Education, Finance, Management and Marketing. The department added a Nonprofit Business & Social Enterprise major last fall.
“We also have seated and online degree-completion programs for working-adult students seeking to earn a Bachelor of Science in Management,” says Dana. “This degree can be completed while maintaining full-time employment.”
For additional information, contact Bernie Dana at (417) 865-2815, ext. 8116.