University of Baltimore receives record-breaking $5M gift

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March 1, 2021

Release — Samuel G. Rose, LL.B. ’62, Establishes Undergraduate Scholarship Fund with Record-Breaking $5 Million Gift

Samuel G. Rose, LL.B. ’62, a retired commercial real estate developer who obtained his law degree while attending night classes at The University of Baltimore School of Law, has established a $5 million fund dedicated to undergraduate scholarships at UBalt. This generous new fund sets a single-donor record for cash contributions to the University’s endowment, and represents Rose’s commitment to future generations of hard-working undergraduate students at his alma mater. Among his previous support is the expansion of an emergency fund for students who are determined to continue their studies during the pandemic.

Rose, who lives part-time in both Maryland and Florida, had a highly successful career in commercial real estate, largely in metropolitan Washington, D.C., and worked for corporations including the Rouse Co. and the American Trading & Production Corp. He currently serves as a member of The University of Baltimore’s President’s Council, and previously served as vice chair of the board of directors for the Smithsonian American Art Museum. He has long credited his UBalt law degree as instrumental in his professional success.

The Samuel G. Rose Undergraduate Scholarship Fund will provide endowed support for undergraduate students who need financial assistance to complete their degrees. Preference will be given to transfer students who have already completed 24 undergraduate credit hours. A student can receive this scholarship in subsequent years if the need for financial assistance persists. The starting amount, totaling $5 million, is structured to receive additional contributions at any time.

Details on applying for a Samuel G. Rose Scholarship, starting in Fall 2021, will be announced shortly.

Earlier in 2020, Rose contributed $1.2 million to fund additional scholarships and support UBalt students during the pandemic through the University’s Student Emergency Assistance Fund.

Read the complete release.

Source: University of Baltimore