Yale School of Drama Receives $3.235 Million Gift for Scholarships
Yale School of Drama has received a $3.235 million gift from The Jerome L. Greene Foundation, Inc. to establish an endowed scholarship fund.
“This is the largest single gift for scholarships ever made to Yale Drama School,” said Dean James Bundy.
The Jerome L. Greene Foundation Fellowship, awarded annually and in perpetuity, will underwrite the full tuition and living expenses of four students in the Acting Department in their third and final year of training.
“This new endowment gift from The Jerome L. Greene Foundation builds upon a legacy of more than 80 years of excellence at the School of Drama by directly investing in our students, reducing their financial burden and allowing them greater flexibility to make significant creative choices early in their careers,” said Bundy. “The Foundation’s visionary and inspired understanding of the theater—particularly the challenges that young actors face as they enter a profession where economic rewards are not always commensurate with artistic excellence—is reflected in this singular act of cultural leadership,” added the Dean.
“Without good actors, we will not have good theater,” says Dawn M. Greene, President and CEO of The Jerome L. Greene Foundation, Inc. “The depth and breadth of the training at Yale School of Drama have distinguished the School throughout its history; and The Jerome L. Greene Foundation is pleased to participate in the School’s continued mission to train future generations of the most promising young artists.”
The first recipients of The Jerome L. Greene Foundation Fellowship will be announced in the spring.
The Jerome L. Greene Foundation, Inc., founded in 1978 by Jerome L. Greene, is an exclusively charitable corporation that supports the arts, education and medicine; and organizations, foundations and institutions dedicated to those fields in the United States and the rest of the world under Section 501 ©(3) of the International Revenue Code of 1954.