Two Iron Club Scholarship Continues to Grow
- November 15th, 2021
Even more students in The University of Alabama’s Culverhouse College of Business will benefit from additional significant gifts from two longstanding donors and friends of the Capstone. Directed toward endowed scholarship assistance as part of the Two Iron Club’s Culverhouse Scholars, gifts from Eliza and Hugh F. Culverhouse, Jr. of Coral Gables, Florida, totaling $3 million have been given since October 2020 raising the corpus balance of the endowed Eliza and Hugh F. Culverhouse Student Assistance Scholarship to more than $9 million.
The ongoing enhancement of this scholarship endowment is a further affirmation of the Culverhouse family’s dedication to the students of The University of Alabama.
“The University of Alabama continues to benefit from the generosity of Eliza and Hugh Culverhouse, dedicated supporters and champions for our students,” said UA President Stuart R. Bell. “UA’s Culverhouse Scholars are business leaders of the future, and this endowed scholarship will have an immediate, meaningful impact.”
Culverhouse Scholars are generally undergraduate students enrolled full-time at the Culverhouse College of Business who have demonstrated financial need. Dozens of students have benefited from scholarship support since the fund’s inception in 2013.
“Eliza and I started this scholarship several years ago to help students at Alabama achieve their goals of becoming professionals and having rewarding careers,” stated Hugh Culverhouse. “Under the guidance of Professor Rich Houston and Courtney Miller, the Two Iron Club is in good hands. We intend to continue supporting UA as the students there deserve the best.”
The Culverhouse family has supported academic programs across the University that have a direct impact on students and on-campus programs, including the Division of Student Life and the Crimson Tide Women’s Golf team.
Eliza Culverhouse recently made a gift of $250,000 to the Department of Theatre and Dance in UA’s College of Arts and Sciences. That gift, which created the Eliza P. Culverhouse Graduate Support Fund in Dance, will help graduate students in the dance Master of Fine Arts (MFA) program further their craft.
“In the wake of the pandemic, some of our students have faced diminished support for their studies, owing to family job losses or other hardships,” said Culverhouse College of Business dean Kay M. Palan.
“We are grateful that the Culverhouses have increased their support for student scholarships through another significant, impactful gift.”