Pompea Legacy Gift Challenge Exceeds Goal, Raises $12.5 Million for the University
As part of The Charger Challenge Centennial campaign, Board of Governors Vice Chair Charles E. Pompea ’71, ’90 EMBA, ’06 Hon., and his wife, Tamera, announced their own bequest intention and graciously offered to match dollar for dollar, up to a total of $5 million, any new legacy gifts that were included in a donor’s estate plan.
October 16, 2019
President Steven H. Kaplan, Ph.D., announced that the Pompea Legacy Gift Challenge surpassed its original goal of $10 million, raising $12.5 million to support the University. These funds will be directed primarily to the University's endowment, which currently stands at more than $80 million.
The challenge was created by Board of Governors Vice Chair Charles E. Pompea '71, '90 EMBA, '06 Hon., and his wife, Tamera. As part of The Charger Challenge Centennial campaign, the Pompeas announced their own bequest intention and offered to match dollar for dollar, up to a total of $5 million, any new legacy gifts that were included in a donor's estate plan. In addition to the Pompeas' gift, more than $7.5 million in bequest intentions were committed during the challenge.
"Continuing to grow our endowment is vitally important to the future of the University," said President Kaplan. "It provides a stable source of income that helps the University attract outstanding students and faculty through endowed scholarships and professorships. I am grateful to Charlie and Tammy Pompea for their generosity and leadership in spearheading this incredibly successful initiative."
"Your support is a meaningful investment that will enable generations of talented students to pursue their passions and become the world's future leaders."Steven H. Kaplan, Ph.D.
Donors have made gifts ranging from $10,000 to more than $1 million. These gifts will endow new scholarships and professorships, as well as provide unrestricted support.
"As we approach our centennial year in 2020 and the final year of the Charger Challenge, our Board of Governors and I invite you to join us in making your own legacy gift to the University a part of your estate plan, as my wife Anemone and I have done," said President Kaplan. "Your support is a meaningful investment that will enable generations of talented students to pursue their passions and become the world's future leaders."