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Anderson Family Establishes $2 Million Endowment in Support of UVI Students

The University of the Virgin Islands received a transformational gift from the Marion & John E. Anderson Foundation today, August 30, in a ceremony which occurred on the University’s Albert A. Sheen Campus. UVI is among a group of non-profit organizations in the territory that were selected to be a part of the Family’s philanthropic efforts in the aftermath of Hurricanes Irma and Maria. This investment will be among the most significant gifts the University has received in recent years.  

The Anderson Family will establish the TOPA Endowment with an initial $2 million investment. Annually, the fund will generate approximately $100,000 in scholarship funding for students who graduate from one of the local public high schools and enroll at UVI. Through the endowment, 20 students will receive full $5,000 scholarships with 10 dedicated to the Albert A. Sheen on St. Croix and St. Thomas campuses, respectively.  

UVI President Dr. David Hall said, “this commitment will move us closer to the day when all students who graduate from one of the territory’s local high schools will have free tuition.”  

He went on to say that, “the commitment from the Anderson family is received at the perfect time, as we are steadfast in the belief that an educated workforce is among the most pressing issues the University can address for the territory.”

More information is available in a news release on the Media Section of the UVI website –http://www.uvi.edu/ - and from this direct link.