TU scholarship fund recognizes Ehrlich’s support for higher ed.
TOWSON, Md. (Dec. 1, 2005) – Dennis B. Mather, president and CEO of The Mather Cos. who also serves as president of the Towson University Foundation, and his wife, Cynthia, have made a $100,000 donation to the university to establish a scholarship fund to honor Gov. Robert L. Ehrlich.
The Mathers are longtime friends of the governor and wish to honor his dedication to higher education by establishing a scholarship that will make the college experience a possibility for students who otherwise would not have that opportunity.
Education at all levels remains one of Ehrlich’s top priorities. He has fully funded the Bridge to Excellence Act, known as The Thornton Act, by providing record increases in education funding for students in low-income neighborhoods.
Additionally, Maryland's public colleges and universities received a boost in FY06 from Gov. Robert L. Ehrlich Jr's budget in the form of a $43 million funding increase. The allocation for University System of Maryland builds on the Governor’s and General Assembly’s strong support of the university system’s capital budget and increased investment in need-based financial aid.
Robert L. Caret, president of Towson University, said, “Denny Mather’s generosity in the field of education, in terms of both his counsel and his financial largesse, has significantly benefited our community. In establishing this scholarship fund in the name of his friend, Bob Ehrlich, Denny underscores the importance of education accessibility.”
A member of the Board of Visitors of Towson University, Mather is a member of the Advisory Board to the Maryland State Department of Education for Adult Education and a member of the Board of Directors of Baltimore Reads, Inc.
Mather, a 1972 graduate of Towson University, also earned an MBA. He holds the Chartered Life Underwriter designation and the Chartered Financial Consultant designation.