by Michelle Thornton
Features Editor
Sarah Ludwick, a University of La Verne alumna from the class of 1994, and her husband, Art, have made a $121,247.41 donation to ULV.
The Ludwicks have donated this money so the University can pay the premium on a $1 million life insurance policy for their lives.
The policy, which will pay off when both of the Ludwicks die, will go to benefit the Early Childhood Development Program in which the Ludwicks have been actively involved.
“The real benefit to this program will be in the future,” said President Stephen Morgan. It is what is called a “gift of future interest.”
With the knowledge of this coming fund, the University can better plan its investments.
Ludwick, who is co-chair of the endowment committee at the University, made the donation because she and her husband “believe in the Child Development Program at the University of La Verne.”
Ludwick went through the master’s program and is now operating two foundations, one that makes grants to educational components throughout the country and one which encourages students to participate in the Democratic process.
Ludwick feels that the program is a “good training ground for quality educators for young children” and hopes that, through this donation, other people will realize that “they too can make a very substantial donation to the University at a very reasonable cost.”
