Posted 8/8/2013 08:50 am
Updated 7 months ago
The College of Engineering at the University of Arkansas in Fayetteville has received a $1 million gift from alumni Julian and Nana Stewart, the university said Thursday.
A portion of the gift will be used to establish the Julian C. and Nana B. Stewart AACE Access Arkansas Scholarships within the department of civil engineering and provide need-based support to at least 10 students annually, according to a news release. The remainder will be used to establish a charitable gift annuity with the university listed as the beneficiary.
"Once again, the Stewarts are leading by example with this recent gift," said Chancellor David Gearhart. "They continue to embrace the priorities of the university and provide support in areas where it is needed most. We are incredibly grateful to them for the philanthropy and leadership they have displayed over the years and are fortunate to count them as our friends."
This is not the first gift made by the Stewarts in support of student scholarships, or even Access Arkansas. In 2003, they established the Julian and Nana Bachtel Stewart Honors Fellowships, and in 2009, they created the Julian and Nana Stewart Access Arkansas Scholarship for the benefit of students university-wide.
Both Julian and Nana are graduates of the University of Arkansas. Julian earned a bachelor of science in civil engineering in 1957, and Nana holds a bachelor of science in education from the College of Education and Health Professions. Julian was a member of the university’s Campaign for the Twenty-First Century Steering Committee and the chancellor’s Board of Advisors. He currently serves on the University of Arkansas Foundation’s board and the Campaign Arkansas Steering Committee and chairs the College of Engineering’s campaign committee.