VILLANOVA, PA — Villanova University President, the Rev. Peter M. Donohue, OSA, PhD, announced a $20 million gift from Bancel Philanthropies to support students enrolled at Villanova as part of the University’s partnership with The Posse Foundation, one of the most prestigious college access, success and youth leadership development programs in the U.S. This transformational gift is the largest to fund scholarships in the history of Villanova and will fully cover the undergraduate education of a total of 50 Posse Scholars over the next five years.
“On behalf of the entire University, I would like to express my deepest gratitude for this remarkable gift,” said the Rev. Peter M. Donohue, OSA, PhD, University President. “Bancel Philanthropies shares our belief in Villanova as a place to educate the next generation of exceptional student leaders who will ignite change in their communities and beyond.”
Bancel Philanthropies is the family philanthropy of Brenda and Stéphane Bancel, and invests in people and programs with the potential to transform lives, advance justice and heal communities. “Stéphane and I believe that access to education helps students reach their full potential,” said Brenda Bancel. “The combination of Villanova and Posse will surely be a recipe that will launch these students into future leaders. We are grateful to both of these outstanding organizations for their commitment to develop, mentor and walk alongside the next generations of Posse fellows.”
The Posse Foundation partners with top universities and colleges from across the country to empower student leaders who transform communities, the nation and the world. Posse Scholars are selected from an extensive pool of academically exceptional students who might otherwise be overlooked through the traditional admissions process, including young leaders from diverse cultural, socio-economic, racial and religious backgrounds. Villanova announced its partnership with The Posse Foundation in 2019 and the first group of Villanova Posse Scholars, recruited from New Orleans, will graduate in May 2024.
Posse Scholars across the nation have proven to be among the most engaged and successful leaders on their respective campuses. The campus leadership and academic success of Posse Scholars have propelled numerous alumni to influential roles in the workforce, including Cleveland Cavaliers president of basketball operations, Koby Altman; chief communications officer for Boston Public Schools, Gabrielle Farrell; and cardiologist, associate professor at Yale School of Medicine and co-founder of Project Access-New Haven, Dr. Erica Spatz.
“Villanova’s rich academic environment is enhanced by intellectually curious and driven students with a diversity of experience and thought,” said Patrick G. Maggitti, University Provost. “This gift from Bancel Philanthropies helps to advance academic excellence at Villanova, ensuring that exceptional students who otherwise may not have joined our University community have the opportunity to do so.”