The University of Pennsylvania School of Veterinary Medicine (Penn Vet) is pleased to announce that the Thoroughbred Education and Research Foundation (“TERF”) will donate $100,000 to create an endowment for student scholarships.
The TERF Opportunity Scholarship Fund will provide financial support to Penn Vet students, with a preference for those intending to practice in equine medicine. Penn Vet will select the recipients based on academic criteria and financial need.
Penn Vet’s Opportunity Scholarship Program was established 17 years ago and is a unique program that provides financial support and matches each student with practicing veterinarians who serve as mentors, sharing their knowledge and experience.
“We are so grateful to TERF for creating this lasting legacy, which will help Penn Vet students with financial support and mentoring,” said Penn Vet Dean Joan C. Hendricks, The Gilbert S. Kahn Dean of Veterinary Medicine. “The TERF Opportunity Scholarship Fund will have an impact on the veterinary profession, and the care of horses, for many years to come.”
TERF is a non-profit, charitable organization dedicated to supporting and promoting equine education and research by sponsoring scholarships in veterinary medicine, and supporting organizations that educate the public in the proper care of horses.
“Our purpose in establishing the TERF Opportunity Scholarship Fund at the University of Pennsylvania School of Veterinary Medicine is two-fold,” said Herb Moelis, TERF co-chair. “We want to provide a base of endowed scholarship confidence that Penn Vet can rely upon, while growing the earmarked fund’s income over time, thus creating an endowed scholarship fund using more of the fund’s income, and less of the principal.”
TERF and its predecessor, Thoroughbred Charities of America Endowment Fund (TCA), for many years have generously supported Penn Vet scholarships, granting awards totaling nearly $100,000 since 2006 to Penn Vet students interested in equine veterinary medicine.
About Penn Vet
Penn Vet is a global leader in veterinary medicine education, research, and clinical care. Founded in 1884, Penn Vet is the only veterinary school developed in association with a medical school. The school is a proud member of the One Health Initiative, linking human, animal, and environmental health.
Penn Vet serves a diverse population of animals at its two campuses, which include extensive diagnostic and research laboratories. Ryan Hospital in Philadelphia provides care for dogs, cats, and other domestic/companion animals, handling more than 31,000 patient visits a year. New Bolton Center, Penn Vet’s large-animal hospital on nearly 700 acres in rural Kennett Square, PA, cares for horses and livestock/farm animals. The hospital handles more than 4,000 patient visits a year, while the Field Service treats nearly 36,000 patients on local farms. In addition, New Bolton Center’s campus includes a swine center, working dairy, and poultry unit that provide valuable research for the agriculture industry.
For more information, visit www.vet.upenn.edu