Scroll down for:
+ Grants Awarded to ACI Total More than $390,000 for Current Fiscal Year
+ Gregg Chenoweth Begins Work as President of Olivet Nazarene University
Grants Awarded to ACI Total More than $390,000 for Current Fiscal Year
Recent grants include A. Montgomery Ward Foundation, CME Group Foundation and PACCAR Foundation
June 3, 2021
Grants totaling more than $390,000 have been awarded to ACI in the fiscal year which ended May 31. Recent grant awards were from the A. Montgomery Ward Foundation, CME Group Foundation and PACCAR Foundation.
“Grants are especially important to ACI, because these gracious funders make it possible for us to award scholarships to students who need financial assistance to remain in school and earn degrees,” says Mick Weltman, ACI executive director. “In addition, these grants help students with emergency financial needs, and they help us provide helpful programming directly to students.”
The A. Montgomery Ward Foundation, Bank of America, N.A., Co-Trustee, Chicago, awarded $52,000 to ACI to fund scholarships to students at member colleges and universities. Established in 1959 by Ward’s daughter, the foundation supports charitable institutions that provide quality educational and cultural programming for current and future residents of Chicago and surrounding communities. The foundation has provided grants to ACI for more than 50 years, said Lauren Holhut, ACI director, advancement.
CME Group Foundation, Chicago, awarded a two-year general operating grant totaling $50,000 to ACI. Funds will be provided to ACI in two installments of $25,000 each, to be used from July 1 this year to June 30, 2023, according to the grant agreement. In July 2020, CME Group Foundation awarded ACI a one year, $25,000 general operating grant. CME Group board member Elizabeth Cook is a member of the ACI Board of Trustees.
The PACCAR Foundation, headquartered in Bellevue, Washington, supports scholarships through ACI, and increased its funding from $10,000 to $30,000 this fiscal year. The foundation has provided scholarship funds to ACI and member students for more than 25 years, Holhut says.
Gregg Chenoweth Begins Work as President of Olivet Nazarene University
New president succeeds John C. Bowling, who served 30 years as ONU president
June 3, 2021
Dr. Gregg Chenoweth began his new role as the 13th president of Olivet Nazarene University June 1. Chenoweth, who most recently was president of Bethel University, Mishawaka, Indiana, was elected by the Olivet Nazarene University Board of Trustees earlier this year. He succeeded Dr. John C. Bowling, who served 30 years as Olivet Nazarene president. He announced in August 2019 his plans to retire.
Chenoweth graduated from Olivet in 1990 with a bachelor’s degree in communication. He earned a master’s degree in organizational communication from Northern Illinois University, DeKalb, in 1992, and a doctorate in organizational communication from Wayne State University, Detroit, in 2003.
Chenoweth was president of Bethel University since 2013. He previously served as the vice president for academic affairs at Olivet. During his tenure as Bethel’s president, he dramatically improved the university’s financial landscape by increasing net assets by 30 percent and reducing long-term debt by 40 percent. Chenoweth also dramatically improved institutional culture, implemented successful debt-free programs for students and completed an extensive strategic planning process.
“I am honored by the confidence of the board,” Chenoweth said after the election, “and eager to add my ambitions to a faculty and staff already doing something special. If I could help reproduce for students even a fraction of what Olivet did for me, there will be a lot to celebrate.”
Higher Education Headlines
Adobe Co-Founder Charles Geschke, Pioneer of Desktop Publishing and PDFs, Dies at 81
The Wall Street Journal, April 18, 2021
More Colleges to Require Student Covid-19 Vaccinations
The Wall Street Journal, April 14, 2021
Financially Strapped Illinois to Get Billions of Federal Tax Dollars in COVID-19 Relief Bill
The Center Square, March 10, 2021
The Crisis of Unemployed College Graduates
The Wall Street Journal, Feb. 8, 2021