Goucher College receives $3.3 million in largest one-time gift to the school

June 06, 1999|By Dan Thanh Dang | Dan Thanh Dang,SUN STAFF

Goucher College has received a $3.3 million donation from a trust set up by a former college trustee -- the largest one-time gift in the school's 114-year history.

The gift from the Edwin T. Stackhouse Trust of New York also places Stackhouse -- a college trustee from 1922 until his death in 1951 -- among the four largest donors in the school's history. The Shickshinny, Pa., native created the trust through his will, which benefited his family throughout their lives and also named Goucher as a beneficiary.

"The Stackhouse gift is a splendid example of a committed board member who gave decades of service to Goucher and also left a legacy of financial support for generations to come," President Judy Jolley Mohraz said in announcing the gift on Friday. "College presidents talk about good board members providing wisdom, work or wealth. He gave all three and we are deeply grateful."

An entrepreneur of the industrial age, Stackhouse owned coal mines and lumber companies in Pennsylvania and was a banker. In 1886, he graduated from Lehigh University and received a master's degree in engineering the following year.

Stackhouse's daughter, Mary Stackhouse Kimmons, was a 1924 Goucher alumna.

Upon Stackhouse's wife's death in 1965, Goucher began receiving about $40,000 a year from the trust, which was used for scholarships. With the death of his last surviving daughter in January, the trust was terminated, leaving the remainder to Goucher, which will use it for scholarships.

The three other largest donors to the college are John and Mary Goucher; the William T. Haebler family; and George and Elizabeth Todd, a 1924 alumna.

The Gouchers provided a majority of the money to start the college in 1885 and donated the first academic building when it was still located in Baltimore. The Haeblers provided money to build the president's house, the Haebler Chapel and the stable on campus. The Todds provided money for the first professorship on campus and the Todd Dance Studio.

Goucher is an independent, coeducational liberal arts and sciences college with an enrollment of more than 1,400 students.

Pub Date: 6/06/99

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