LANDSBAUM GIFT TO ESTABLISH SCHOLARSHIP FUND
A $934,878 gift from the estate of the late Morris Landsbaum of Terre Haute has established the Landsbaum Scholars Fund to benefit Rose-Hulman students. The fund will award scholarships on an annual basis with a priority given to students from Vigo County.
The number of scholarships to be awarded annually will be determined by the number of applicants and the revenue generated by the fund, according to David Haynes, Rose-Hulman director of planned giving.
Rose-Hulman President Samuel Hulbert said the gift from Landsbaum is significant because increasing scholarships to deserving students is one of the college's top fund-raising priorities.
“Finding resources to provide additional scholarships to deserving students is one of our biggest challenges,” Hulbert said. “Morris Landsbaum's support is a significant gift for the college and future students. It illustrates his willingness to give back to his community and support education in Terre Haute.”
During a successful career in commercial real estate development, Landsbaum managed the creation of shopping centers, restaurants and a variety of other large and small real estate projects. His first major gift to Rose-Hulman was a donation of real estate in 1996.
In 1997, Rose-Hulman presented Landsbaum with an honorary doctor of human letters during commencement ceremonies.
“I first met Morris in 1978,” remarked his attorney and 1974 Rose-Hulman alumnus Bill Olah of the Wilkinson, Goeller, Modesitt, Wilkinson and Drummy law firm in Terre Haute. “He believed we could never do too much to nurture and encourage young people to succeed, no matter what their field of endeavor.”
“Morris steadfastly believed that while life's experiences alone could teach a person a great deal, it was a formal education that would open doors and provided more opportunities than would otherwise be available,” Olah noted. “Morris' will bequests to create and endow the scholarships merely manifest how deeply rooted that belief actually was.”
A lifelong resident of Terre Haute, Landsbaum supported educational and medical services in his hometown. He served on the boards of directors of Terre Haute Regional Hospital, the Terre Haute Center for Medical Education and Union Hospital.
ALUMNI PLAY VITAL ROLE THROUGH TIME AND TALENT
As an alumnus I have always been impressed (and somewhat boastful) about the strong support Rose-Hulman alumni provide to their alma mater. We receive tremendous financial assistance from our graduates. Our alumni giving rate of 42 percent puts Rose-Hulman among the tops in the nation. Not too many schools can claim such a loyal alumni body. While the financial giving is important, my time on the Board of Trustees has provided me with a deeper understanding the various other ways alumni can play a role in the life of their college. It’s not all about money.
Time and talent are other major ways alumni can give back to the college. From assisting with job placement to recruiting freshmen to serving on the Homecoming committee, there are numerous places alumni can plug in and help Rose-Hulman. To keep Rose-Hulman at the forefront of engineering, science and mathematics education requires all of us to lend a hand. It requires some time and effort, but not only will Rose-Hulman benefit…so will you. There is a great reward of personal satisfaction in playing a role in the developing of our future engineers and scientists.
I provide the following list as examples of areas where you can play a role.
As you can see, there are many ways to help. Philanthropic support is important, and we need those checks to keep coming, but we also need your time and talent. If you have questions, get in contact with me or with Alumni Director Brian Dyer at 812-877-8359 or via e-mail at firstname.lastname@example.org. Together we can make a great college even better.