A new scholarship fund honors Carl and the late Eloise Pohlad, above.
Home run honors
From M, winter 2005
Major League Baseball and 10 major league teams recently honored longtime Minnesota Twins owner Carl Pohlad and his late wife, Eloise, with a distinguished tribute: the creation of an endowed scholarship at the U of M.
"It was an opportunity to recognize two exceptional individuals while assisting able young people," says Gene Budig, past president of the American League. The Carl R. and Eloise Pohlad Endowed Scholarship will provide financial aid to academically gifted students across the University. The payout from the $125,000 scholarship, doubled by the President's Scholarship Match, will have the equivalent impact of a $250,000 scholarship endowment.
Budig solicited contributions from teams and individuals to fund the scholarship. Gifts and pledges have been made by the Office of the Commissioner of Baseball, the Chicago White Sox, the Chicago Cubs, the Boston Red Sox, the Houston Astros, the New York Mets, the Toronto Blue Jays, the Seattle Mariners, the Baltimore Orioles, the Philadelphia Phillies, and the New York Yankees.
"Carl was an exceptionally strong supporter during my six years as president of the league," Budig says. "He was someone I could turn to in difficult times, and I had enormous respect for his ability to understand the complex financial issues facing the game."
"I also felt like this was something I could do to help a great university," says Budig, who has also served as chancellor or president of three American universities.
President Bruininks believes the endowed scholarship is a "great way" to celebrate the lives and contributions of the Pohlads to the Twin Cities community. "I know that as a former scholarship recipient himself, Carl appreciates this new scholarship and the purpose behind it, which is to create opportunities for young people," Bruininks says.