Princeton Theological Seminary Receives Generous Grant from the William A. and Eugenie H. Sullivan Trust of The Philadelphia Foundation

Princeton, NJ, July 13, 2009–Princeton Theological Seminary has received a grant of $28,946.14 given to the William Albert and Eugenie Hummel Sullivan Memorial Scholarship Endowment Fund by the William A. and Eugenie H. Sullivan Trust of The Philadelphia Foundation. The scholarship endowment fund supports students who are preparing for ministry.

On May 16, 1924, William A. Sullivan executed a deed of trust with what was then Fidelity Trust Company (now Wachovia) to create a fund at The Philadelphia Foundation after he and his wife, Eugenie C. Sullivan, passed away. The Sullivans lived in the Germantown area and were friends of one of the vice presidents at Fidelity. Mr. Sullivan died in 1926. Mrs. Sullivan was unwell and spent some time in the Friends’ Hospital before building a house on the grounds there. 

The Sullivan fund is the oldest fund managed by The Philadelphia Foundation. The income has been distributed to Princeton Theological Seminary, Lankenau Hospital, Presbyterian University of Pennsylvania Medical Center, Friend’s Hospital, House of the Merciful Saviour for Crippled Children, Inglis House, the Pennsylvania Industrial Home for Blind Women, and the Edith R. Rudolphy Residence for the Blind.

The Philadelphia Foundation, a public charity, is southeastern Pennsylvania’s leading center for community philanthropic engagement and is committed to improving the quality of life in Bucks, Chester, Delaware, Montgomery, and Philadelphia counties through funds established by its donors. Established in 1918, The Philadelphia Foundation continues to help donors harness their generosity and vision by providing tools, knowledge, and financial stewardship directed to maximize the strategic impact of charitable contributions. Grants from more than 775 charitable funds strengthen the effectiveness of nonprofits and support programs that are vital to the people of this region.

Princeton Theological Seminary was founded in 1812 as the first seminary established by the General Assembly of the Presbyterian Church. It is the largest Presbyterian seminary in the country, with more than 600 students in six graduate degree programs. 

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