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1) How was the fund formed?
The Marymount Alumnae Association Board unanimously decided to create the MARYMOUNT LEGACY FUND. The Fundraising Committee produced a survey that was distributed at the 2006 reunion to measure support and solicit feedback about the direction of the fund. Over 84%of the respondents favored establishment of the fund.
2) What is the purpose/mission?
The goal of the endowment fund is to preserve the Marymount name and tradition of excellence in preparing women for leadership roles in a rapidly changing society. The fund therefore carries on the mission of the RSHM when Marymount was founded in 1907. It has also been established in the form of an “umbrella endowment” that would enable the legacy of Marymount the ability to grow into a bigger a more influential platform in the future while enhancing its commitment to women and leadership. The endowment fund will firstly provide scholarships to deserving young woman candidates. As the fund grows priorities will include teaching grants for advanced women studies and or research on women and leadership.
3) What is the criteria for selection and what is the candidate pool?
The Marymount Legacy Fund will provide financial support to candidates who meet the following criteria:
- A female student who most embodies the Marymount spirit through learning and leadership
- Family affiliation with any of the Marymount schools or colleges
- Demonstration of financial need and academic merit
- Full time enrollment at Fordham University
4) How is the fund being managed and by whom?
The Fordham University endowment Funds are managed in accordance with the financial policies established by the Fordham University Board of Trustees. All funds donated to the Marymount Legacy Fund will be invested accordingly and at all times remain for the benefit of the Marymount Scholarship recipients.
5) Who will make the final decision on scholarship recipient?
A Marymount Legacy Advisory Committee has been established in partnership with Fordham to assist with the management of the fund operation in order to grow and achieve the overall fund objectives. The Advisory Panel will also oversee the selection and award to the scholarship recipient.
6) How do I contribute-will get a receipt?
To make a donation simply log onto www.fordham.edu/onlinegiving. Scroll to the section titled Annual Giving and Restricted fund. Click the dropdown menu and select Marymount Legacy Fund and the dollar amount you wish to contribute. Your gifts will go directly to the Marymount Legacy Fund. If you prefer to make a donation through traditional mail, please send to: Fordham University Office of Development and University Relations, 888 7th Ave 7th Floor New York, NY 10019 Make checks payable to the Marymount Legacy Fund.
7) What are the various alternatives for contributing (cash/stock/will/ other?)
Please see the above instructions for cash and online contributions. The Marymount Legacy Fund can also be named beneficiary in deferred living plans, wills, living trust and insurance policies. For any questions please contact the Fordham Development Office so that the gifts are properly acknowledged at 212-636-7383.
All donors are also encouraged to participate in the corporate matching gifts program to increase your contribution. Please contact your Human Resources Department to confirm and obtain a matching gift form and send to the Fordham Development office.
8) Will my ‘07 contributions to annual fund be applied?
All donations which were made to the Marymount annual fund from January 2007 on will be applied to the Marymount Legacy Fund. All donations must specifically designate the Marymount Legacy Fund in order for the funds to be deposited appropriately. Please change your designation on any other gifts to specifically read Marymount Legacy Fund.
9) How will I be kept informed of the progress of the fund?
There is a designated Marymount Legacy Fund website www.fordham.edu/marymountalumnae, which will include all recent developments including scholarships awards and updates on the Marymount Legacy Fund.
10) Will my contributions to RSHM Legacy be applied?
Contributions to the RSHM are separate and distinct and benefit the RSHM ministries and the care of elderly and infirm. For more information please contact the Provincial House, Tarrytown on the Hudson, New York.
11) Can I volunteer to assist with fundraising?
All faculty and alumnae are encouraged to support all fundraising efforts including ensure financial policies established by the Fordham University Board of Trustees calling programs, regional outreach events and signature annual events. For more specific details please and feel free to contact the Advisory Panel and Fundraising Committee. Kristine Welker Chair of the Marymount Legacy Fund committee at kwelker@hearst.com, Margaret Watson at Watzonator@aol.com and Patricia Cole at yasee@earthlink.net.
12) Who do I contact with my questions?
Advisory panel and Committee Members-Kristine Welker Chair of the Marymount Legacy Fund committee at kwelker@hearst.com., Margaret Watson at Watzonator@aol.com and Patricia Cole at yasee@earthlink.net.
Your feedback and suggestions are most welcome.
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