A South Coast university has received one of the largest gifts in its history for scholarships. California Lutheran University got $2.5 million from the Camarillo-based TOLD Foundation.
The money will be used to help students from low and middle income families at Cal Lutheran. Incoming students with solid academic and community involvement track records will be targeted. If the students do well in school, the scholarships will be renewable.
Real estate developer Jack Gilbert and his wife Carol founded the TOLD Foundation in 2011. Their son, Rod Gilbert now oversees the Foundation, which gives money to a number of educational and community projects.
Cal Lutheran is the parent of KCLU Radio.
