Friday 03/30/2018 by Lemuria

Mike Scholarship At Berklee

As reported by Jambase, Berklee School of Music has announced an endowed scholarship in the name of Mike Gordon, who gave a student-only seminar there yesterday in conjunction with the announcement.


, comment by fhqwhgads
fhqwhgads I didn't know what "endowed" meant in this context, so after Googling:

"Endowed scholarships create a permanent fund. Contributions are invested to ensure the scholarship retains its value in perpetuity, and the scholarships created by the endowment are funded through the income generated by the endowment."

That sounds like a good way to encourage scholastic achievement. Go Mike!
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