Annenberg Foundation to give Wake Forest University $250,000

Presidential Scholarships are awarded to students with extraordinary talent in the areas of dance, writing, music, theater, studio art, community service, debate, entrepreneurship and leadership. Twenty new scholarship recipients are selected each year.

In recognition of this gift, one of the scholarships will be renamed the Annenberg Presidential Scholarship.

“We are so pleased that the foundation has decided to support this important Wake Forest program— one that brings such a diversity of student talent to the university,” said Wake Forest President Thomas K. Hearn Jr.

Increased funding for scholarships is a key goal of Wake Forest’s capital campaign, “The Campaign for Wake Forest University: Honoring the Promise.”

The Annenberg Foundation, located in St. Davids, Pa., has previously made gifts to Wake Forest for renovations to two academic buildings, Babcock Hall and Carswell Hall. The foundation has also funded a Wake Forest scholarship named for Arnold Palmer. Walter H. Annenberg, publisher and philanthropist, started the foundation in the late 1980s.