Wheeler gets $2M for scholarships
The Wheeler School in Providence has received $2 million to create a new scholarship endowment fund. School leaders say the grant from the Malone Family Foundation in Colorado will be used to provide financial aid for students who demonstrate exceptional academic promise and strong financial need.
Wheeler School Head Dan Miller calls the gift an enormous honor.
“This is one of the most significant financial aid awards available to independent schools in this country,” Miller writes in a statement announcing the grant. “It is a tremendous honor for the school and a powerful endorsement of our program, culture, and community. Most important, it will provide opportunity to talented and motivated students who will, in turn, strengthen this school immeasurably.”
The Wheeler School is an independent nursery-12th grade school serving just under 800 students in Providence’s College hill neighborhood.
The Malone Family Foundation has awarded scholarship endowments to more than two dozen independent secondary schools around the country, including the Commonwealth School in Boston, Massachusetts and Hopkins School in New Haven, Connecticut. The organization selects three schools each year based on academic merit with the goal of offering scholarships in perpetuity to gifted students who lack the funds to attend private school without financial help.