For McMinnville Mayor Ed Gormley, the answer is an endowed scholarship at Linfield College. Gormley surprised his wife, Candy, with an endowed scholarship in her name at Linfield in honor of her 60th birthday. Candy earned a bachelorâ€™s degree in mass communication from Linfield in 1994.
The scholarship will provide financial assistance to a female student who is returning to college after an interruption in her formal education. Candy, a non-traditional student herself, said graduating from Linfield was one of the most fulfilling and rewarding experiences of her life.
"No matter what age, every woman should have an opportunity to expand her knowledge, confidence and well being," Candy said. "Iâ€™m still in shock over what Ed did for me and so happy that I can help someone else finish getting their degree."
Approximately 90 percent of Linfield College students receive scholarships and other forms of financial aid. The college has a longstanding commitment to access and affordability for students and their families.
Endowment gifts often are referred to as the gifts that keep on giving, since a portion of the income is reinvested each year. This enables the endowment to grow and provide a permanent stream of income, according to Linfield President Thomas L. Hellie.
"Endowed scholarships are truly a gift forever," Hellie said. "Generations from now, Linfield students will be able to attend college thanks to the generosity of the Gormley family and others who have established such funds."
For more information, call Linfield College Relations at 503-883-2675.