CoN Gets $750,000 from Helene Fuld Health Trust

ALBUQUERQUE, N.M. - The University of New Mexico College of Nursing has received a $750,000 grant from the Helene Fuld Health Trust, HSBC Bank USA, N.A. Trustee to be used over the next three years for baccalaureate student scholarships. The College of Nursing will use $450,000 of the total grant to establish a permanent endowment fund for scholarships.

The Helene Fuld Health Trust is the nation’s largest private foundation devoted exclusively to nursing students and nursing education. In 1935, Dr. Leonhard Felix Fuld and his sister, Florentine, created a foundation in honor of their mother, Helene. In 1965, the foundation was converted to the Helene Fuld Health Trust and in 1969, HSBC Bank USA, N.A., in New York, became its corporate trustee.

The Helene Fuld Health Trust mission is to support and promote the health, welfare, and education of student nurses. With the grant, the UNM College of Nursing will be able to fund current financial aid for students enrolled in the baccalaureate degree nursing programs in addition to creating the endowment for future nursing scholarships.

The UNM College of Nursing currently has 375 students enrolled in its undergraduate program. A bachelor’s degree in nursing not only provides the broadest background in the sciences and liberal arts, but also prepares nursing students for a fulfilling, lifelong career. At UNM, undergraduate nursing students divide their learning between the classroom and health care settings, providing them a well-rounded nursing education.

"It has been our pleasure to collaborate with the Helene Fuld Health Trust in securing this money to support our students," said Karen L. Carlson, PhD, RN, professor and interim dean at the UNM College of Nursing. "Today’s students have many needs for financial assistance. These needs are even greater in our compressed 16 month curriculum. The Helene Fuld Health Trust Scholarship Fund for Baccalaureate Nursing Students will allow students to focus on their studies rather than work more hours and that is invaluable to the individual student."

Contact: Lauren Cruse, 272-3322

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