$250,000 Donation to Benefit Engineering and Environmental Studies at Penn State Altoona
ALTOONA, Pa. – Paul Moravek ’77 and Kathy Costello, of Old Bridge, New Jersey, have made a $250,000 estate pledge to support scholarships for Electromechanical Engineering Technology and Environmental Studies programs from Penn State Altoona. The donation leveraged an additional $10,000 for students through the recently concluded Legacy Challenge Matching Program, which encouraged donors to create scholarships through planned giving.
The donation will be divided into two separate scholarships: “The Moravek-Costello Endowment for Engineering Excellence at Penn State Altoona,” to benefit engineering students, and “The Moravek-Costello Endowment to Save the Planet at Penn State Altoona” , for students of environmental studies.
The University’s $10,000 matching funds will be awarded as the “Moravek-Costello Excellence Scholarship for Engineering and Saving the Planet” and will be distributed for two years to engineering students and two years to undergraduates. in environmental studies.
“Penn State Altoona is where I started, really where my career started,” Paul said. “Kathy and I see the college as a place where we can really make a difference for students who need financial support. This is a fantastic opportunity for us, and we’re thrilled to be able to do this as a legacy gift, but see it implemented today.
A native of Warren, Pennsylvania, Paul earned an associate’s degree in electrical engineering from Penn State Altoona in 1977. After graduation, he worked for Bethlehem Steel in Johnstown, Pennsylvania. In 1983, he graduated from the University of Pittsburgh at Johnstown with a bachelor’s degree in electrical engineering technology. He then worked for General Electric in Charlottesville, Virginia. Eager to move from engineering to marketing, he eventually earned an MBA from the University of North Carolina at Chapel Hill in 1986. He worked for AT&T in several capacities, including leading the installation of one of first broadband Internet networks across Western Europe. Paul said, “Working across cultures and responding to needs was as rewarding as taking on the technological challenge. He is now finishing a career in real estate. In 2007 he married Kathy Costello, a native of Hamilton Township, New Jersey.
Kathy earned an associate’s degree in allied health from Mercer County Community College, followed by a bachelor’s degree in health science from Northeastern University while attending the Forsyth School for Dental Hygiene, now affiliated with the Massachusetts College of Pharmacy. Kathy practiced dental hygiene for 20 years before returning to school to earn her Masters in Special Education. She is currently employed in West Windsor, New Jersey as a high school special education teacher, teaching environmental science, chemistry, forensic science, and physics.
Both Paul and Kathy are keen to help students who need financial support. “Neither Kathy nor I have children, so this is our way of giving back and paying it forward. There are so many bright and capable young people who just need financial support to achieve what they are capable of.
“Paul and Kathy are loyal donors,” said Lori J. Bechtel-Wherry, chancellor and dean of Penn State Altoona. “Their legacy to Penn State Altoona students reflects their passion for our students majoring in engineering and environmental studies. Their unwavering and generous support of our students and colleges is inspiring. Scholarships often make the difference in a student’s ability to stay in college. I am grateful for the benevolence of Paul and Kathy and their investment in the success of our students.
With the record-breaking success of “A Greater Penn State for 21st Century Excellence,” which raised $2.2 billion from 2016-2022, philanthropy helps maintain the University’s tradition of education, research, and service to communities across the Commonwealth and around the world. . Scholarships enable our institution to open doors and welcome students from all walks of life, support for transformative experiences enables our students and faculty to realize their vast leadership potential, and donations toward discovery and excellence help us serve and influence the world we share. To learn more about the impact of donations and the continued need for support, please visit increase.psu.edu.
For information on all donations to Penn State Altoona, contact Director of Development Mary Ann Amato at 814-949-5154 or [email protected].