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Geneva College Endowment
The Geneva College Foundation was created in 2021 by the Geneva College Board of Trustees. It functions as the primary vehicle for receiving endowment gifts...
Geneva College Endowment
The Geneva College Foundation was created in 2021 by the Geneva College Board of Trustees. It functions as the primary vehicle for receiving endowment gifts and other charitable contributions directed to the college. The foundation holds real assets including the McCartney Library Collection, a 21-acre riverfront property donated by AES Realty, and several campus buildings such as the Dave Murray Soccer Center and Dwight E. Wagner Welcome Center. These holdings support operations in Beaver Falls, Pennsylvania, and align with the college's educational mission. John E. Cournan serves as board chair while also acting as a principal at Packer-Thomas. David A. Howell is vice-chair and holds an operating role at Westinghouse. Dr. Marvin L. Dewey serves as president of the foundation. The entity maintains ties to the Council for Christian Colleges and Universities and the Council of Independent Colleges. Governance centers on a board drawn from college leadership and external professionals, with all activities subordinated to Geneva College under its 501(c)(3) status.
General information
Firm type
Endowment / Foundation
Year founded
2021
Location
Region
North America
Country
United States
City
Beaver Falls
Corporate office
Beaver Falls, Pennsylvania, United States
Principals
John E. Cournan
Chair of the Geneva College Foundation Board of Directors
David A. Howell
Vice-Chair of the Geneva College Foundation Board of Directors
Dr. Marvin L. Dewey
President of the Geneva College Foundation
Sector focus
Frequently asked questions
Who runs investment decisions at Geneva College Endowment?
John E. Cournan chairs the board. David A. Howell serves as vice-chair. Dr. Marvin L. Dewey acts as president. All three hold roles listed in the foundation's governance records.
How is the Geneva College Foundation related to Geneva College?
The foundation operates as a subordinate 501(c)(3) solely for the benefit of Geneva College. It was established by the college's Board of Trustees in 2021 to handle endowment gifts and charitable contributions.
What assets does the Geneva College Foundation hold?
Holdings include the McCartney Library Collection, a 21-acre riverfront property valued at $9.3 million, the Dave Murray Soccer Center, and the Dwight E. Wagner Welcome Center, all located in Beaver Falls, Pennsylvania.
Where does the underlying support for the Geneva College Foundation come from?
Support arrives through philanthropic gifts from alumni and friends of Geneva College. The foundation processes these contributions to fund the college's educational mission.
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