$25K Gift for Student Scholarship

Karl Gladstone, a member of Merrimack College’s Board of Trustees, recently gave a $25,000 gift to provide scholarships for students who attend Merrimack College.

The gift will further build on the two endowed scholarships that Karl and his wife, Joyce, Gladstone established and funded at Merrimack College: one in their name in 2002, and one in memory of their son Richard in 1992. With this recent $25,000 gift, the two scholarships combined have a value of over $130,000.

“We are endlessly grateful for Karl’s continuous support of Merrimack and its students over the years,” said Merrimack College President Ronald Champagne. “He understands that financing an education can be difficult, and provides much needed help to those students who don’t have the means to pursue a college degree. His contributions have helped many and we wholeheartedly thank him for that.”

More on Karl Gladstone
Gladstone is owner of KG Associates, LLC, a property management company based in Andover, Mass.  He serves on the Merrimack College Board of Trustees, is the former president of the “Men of Merrimack” (now the “Friends of Merrimack”), and is a lifetime member of Merrimack’s President’s Council in recognition of his generosity. Both Karl and Joyce Gladstone were awarded honorary doctorates from Merrimack College in 1991.  He is also a member of the Beth Israel Deaconess Medical Center Board of Overseers; and served on the Caritas Holy Family Foundation Committee as Trustee; on the Board of Directors of the Foundation Committee at Saints Medical Center in Lowell; the Northern Essex Community College Board of Trustees; and the Greater Lawrence Boating Program Board of Trustees. Gladstone has served on other boards and has helped raise millions of dollars for many other organizations in the Merrimack Valley area.

Gladstone is a Charter Member of the Billerica Elks for over 50 years; a member of the Burlington Masonic Lodge for 45 years; the Grid Iron Club of Greater Boston for 40 years; and an Honorary Member of the Lawrence Rotary Club. Gladstone’s daughter and two granddaughters are graduates of Merrimack College. He currently resides in North Andover, Mass.

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Photo Caption: Karl Gladstone (left) gives a gift to Merrimack College President Ronald Champagne.