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Leadership Gifts from Two Foundations to Benefit Financially Challenged Students

Leadership Gifts from Two Foundations to Benefit Financially Challenged Students

1/2/2025
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Gifts from The Douglas M. Noble Family Foundation and the John A. and Margaret Post Foundation will provide scholarships for students with demonstrated financial need.

                                                                     

HACKETTSTOWN, NJ, Jan. 2, 2025—Centenary University recently received leadership gifts from two foundations to provide scholarship support to first-generation college students and those experiencing financial need. The Douglas M. Noble Family Foundation has contributed $100,000 to benefit students facing financial challenges, with a preference for first-generation college students, while the John A. and Margaret Post Foundation donated an additional $100,000 to assist students with demonstrated need. Both organizations have long track records of support for Centenary University and its students. 

“We are extremely grateful to the Douglas M. Noble Family Foundation and the John A. and Margaret Post Foundation for their commitment in support of the University’s mission to advance educational opportunities for students, regardless of family background or economic situation,” said Centenary President Dale Caldwell, Ed.D. “Together, these two leadership gifts provide $200,000 to improve the future for hard-working Centenary University students.”  

The two foundation gifts closely align with Centenary Now: The Campaign for College & Opportunity for Everyone, an $8 million capital campaign to ensure that every student at Centenary has sufficient financial support to graduate. Dr. Caldwell launched the campaign in fall 2023 in honor of his inauguration as the University’s 15th president. Through the campaign, the University has identified new sources of scholarship funding for students and introduced innovative academic programs, creating new pathways for students of all economic backgrounds to earn a college education at Centenary. 

As a result of these efforts, last summer Centenary was selected as a FirstGen Forward Network member for its commitment to improving experiences and advancing success for first-generation college students. In addition, Centenary was named a Top Performer in Social Mobility in the U.S. News & World Report 2025 Best Colleges listing. The publication’s social mobility ranking measures how well higher education institutions graduate large proportions of economically and educationally disadvantaged recipients of federal Pell Grants, the majority of which are awarded to students whose adjusted gross family income is under $50,000 annually. The social mobility ranking specifically tracks each college’s success at graduating Pell Grant recipients and achieving equitable outcomes for students from underserved backgrounds.

 

ABOUT CENTENARY UNIVERSITY                       

                      

Centenary University offers extraordinary learning opportunities that empower students to develop intellectually, emotionally, and interculturally—keys to career and personal success. Under the leadership of President Dale Caldwell, Ed.D., the University aspires to advance its reputation as a world class institution offering innovative programs, including the world’s first Master of Arts in Happiness Studies, to lift the future for our students and local communities. 

CONTACT

Kristen Volkland
Erbach Communications Group
(201) 960-3102

 

 

 

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