Wheaton College receives $10 million donation to expand its social entrepreneurship programs
Wheaton College plans to expand its social entrepreneurship program after receiving a $10 million donation – one of the largest gifts in the school’s 183-year history.
The donation from the Diana Davis Spencer Foundation will help integrate social entrepreneurship education into Wheaton’s liberal arts and sciences programs, according to a news release from the college, making Wheaton one of a handful of liberal arts colleges nationwide – and the first in the Northeast – to establish an endowed professorship in social entrepreneurship.
“This is a transformational gift for Wheaton College as a whole and it is a game-changer for our programs in social entrepreneurship and innovation,” President Dennis M. Hanno said in the release. “We are committed to being the leading liberal arts college in preparing students to create innovative solutions to big challenges. This commitment will help us to support them in putting those ideas into action while they are students.”
The pledge establishes an endowed professorship in social entrepreneurship, provides money for entrepreneurial education programming and launches a fundraising challenge that will help pay for the construction of a dedicated space for the college’s existing programs in social innovation.