Moore College of Art and Design in Philadelphia has announced a $5 million gift from alumna, artist, and philanthropist Jane Walentas and her husband, David.
The single largest gift in the school's hundred-and-seventy-year history will create the Walentas Visionary Woman Scholarships program as part of the college's Visionary Woman Honors Program, which provides financial support and sustained mentorship to talented, motivated, and future-focused students. Since 2005, Visionary Woman Scholarships have increased the level of opportunity and access to the college's visual arts education for a broad and diverse array of women, many of whom may not otherwise have had the ability to pursue careers in art and design.
The endowment will provide scholarships each year to ten non-Pennsylvania residents who have been accepted to Moore and display exceptional artistic and academic promise. Scholarships will be automatically renewed for up to four years as long as the recipient maintains a solid GPA.
A longtime member of the college's board of trustees, Walentas is best known for restoring and operating Jane's Carousel, an historic 1922 carousel located on the East River in the DUMBO section of Brooklyn, an area that was developed by her husband. Previously, she and her husband established the Jane Walentas '66 Endowed Scholarship and International Travel Fellowship at Moore, as well as the Jane and David Walentas Endowed Fellowship.
"There is nothing nobler that anyone can do than to provide an opportunity for deserving and talented students to achieve their dreams of going to college," said Moore president Cecelia Fitzgibbon. "We are deeply grateful that Jane — a notable Moore alumna — and David believe so strongly in the mission of the college, and in the ability to transform lives through the study of art and design."