Clark Foundation Invests $51.7M to Support Engineering Scholarships, Programming
Latest Series of Commitments Adds to Legacy of Giving at UMD
The support, which also includes funds for a unique Philanthropy Challenge Fund and to expand students' professional development opportunities, is the latest example of the Foundation's transformational giving as it ceases operations in December. In total, with the new commitments, the Clark family, Clark Enterprises and Clark Foundation have contributed over
"We know that our partners at
The Foundation has given more than
"It's impossible to imagine the University of Maryland, or the landscape of this region, without the Clarks—both the generosity of the Clark family and the Clark Foundation, and the leadership and vision of
Clark got his start as a civil engineering student at UMD, hitchhiking to class from his home in
Remembering his roots, Clark made a
Following his 2015 passing, the Clark Foundation committed a historic
In 2023, a new
"A. James Clark never lost a connection to his local community: as he achieved success, he devoted himself to the success of others and invested his own resources to help them reach their dreams," said Clark School
This year's series of commitments includes
Additionally, the Foundation's investment will bolster the endowed fund for the university's Clark Scholars Program, supporting an additional staff member and covering the costs for its students to attend CSPN-sponsored networking events. One new fund will specifically support Clark Scholars' professional development efforts and any Clark School student experiencing a financial emergency; another will launch the Clark Scholars Philanthropy Challenge, where program members will annually research local nonprofits and select one as an award recipient, with the goal of learning about philanthropy, cultivating a charitable spirit and strengthening connections with the community.
"The Foundation's investments have a tremendous impact on our students," said
Further funding will support new and existing CSPN programming. Since the Foundation's donation established the network, it has hosted multi-university summits, launched an alumni network with more than 400 members among partner institutions and developed an alternative spring break program, all of which will benefit from new gift funding.
"To know that the Foundation believed in us enough to do this work, it's an honor," said Joakina Stone, CSPN director. "We want to continue carrying that torch in the best possible way."
The Clark Foundation has also entrusted UMD with maintaining its legacy website and a new, unique space on the ground floor of Zupnik Hall, the Clark Foundation Legacy Space; it will be the home of the CSPN team with meeting rooms, lounges and an interactive exhibit showcasing the Foundation's lasting impact. The building will also house the department of civil and environmental engineering, mechanical engineering and
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SOURCE University of Maryland
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