$500,000 challenge grant given to Yale Divinity School
Yale Divinity School is pleased to announce creation of a $500,000 challenge grant that will provide matching funds for endowed scholarships at the school. Under the challenge grant, established through a gift from a family with longstanding ties to Yale University, contributions from alumni and friends to the Divinity School in the $10,000-$100,000 range will be matched on a one-to-one basis.
Yale Divinity School Dean Harold Attridge praised the generosity of the anonymous donors and expressed confidence that the challenge grant—to be known as the Divinity School Challenge —will serve as an incentive for alumni to give to YDS, realizing that the value of their gifts can be doubled through the match. The Challenge will offer donors naming opportunities for gifts of $50,000 or more.
Attridge announced the challenge grant on Oct. 9 at the conclusion of his annual “State of the School” address during the YDS Convocation and Reunions. The launch of the Divinity School's Gift of a Lifetime planned giving initiative also occurred on Oct. 9. Planned gifts, which involve bequests, trusts and life income agreements, are also eligible for a match under the challenge grant, but those gifts must be $25,000 or higher to qualify.