March 9, 2006
Maddox Foundation Continues Generous Support of Belmont
Most Recent Gifts for Building and Scholarship Funding
The Maddox Foundation, founded by the late Dan and Margaret Maddox, has continued its generous support of Belmont University with two recent gifts totaling $456,880, including a $350,000 installment of the total $5.5 million that the foundation pledged to help build the Maddox Grand Atrium that connects the Beaman Student Life Center and Curb Event Center on the Belmont campus. The foundation also gave Belmont $106,880 to continue funding Belmont's Presidential Scholars Program and the Rasmussen Foreign Studies Program.
“Belmont University has had no better friends than Dan and Margaret Maddox,” Belmont president Bob Fisher said. “We think they would be proud not only of the beauty of the Maddox Grand Atrium, but of all the activities that take place there as well.”
The Maddox Foundation continues the generosity of Dan and Margaret Maddox, who died in a tragic boating accident in 1998. Mr. Maddox established himself in the world of finance, oil and gas exploration and real estate development. Mrs. Maddox shared with her husband a highly respected reputation in business and in community leadership.
The foundation partially underwrites the Presidential Scholars program at Belmont, which each year names up to four incoming freshmen to receive full scholarships for four years at Belmont. The scholarships cover tuition, fees, books and room and board, a value of more than $80,000. The foundation also supports student study abroad experiences through the Rasmussen Foreign Studies Program, developed by Wallace Rasmussen, retired CEO of Beatrice Foods.
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