Franklin College alumnus and trustee, Peter T. (Pete) Cangany, Jr., and his spouse, Ann, have established a $300,000 endowed scholarship fund at the college, the Pete and Ann Cangany Leadership Award.

The scholarship funds will be awarded to incoming students with financial need and demonstrated leadership abilities. The award can be maintained for an additional three years while attending the college, provided the recipients continue to demonstrate scholastic success and personal responsibility as a member of the campus community.   

“Pete and Ann are lifelong, loyal supporters of the college, having provided philanthropic support for a variety of initiatives over the years,” said Franklin College President Kerry N. Prather. “Their commitment to the college has made a meaningful difference in the lives of many Franklin College students. We are very grateful to them for their support in helping to ensure the success of future Grizzlies.”

“Ann and I believe that the ability to graduate from college with little to no student loan debt is a game changer,” said Pete. “We have had the fortune of experiencing the difference that a college education can make, and we would like to see that opportunity made available to others. Our hope is that our Leadership Award helps control student loan debt for future graduates of Franklin College and encourages others to consider funding additional leadership awards, no matter how big or small.”

Pete is a 1980 graduate of Franklin College and began serving on the Board of Trustees in 2009.

After a nearly 40 year career at Ernst & Young, Pete retired in 2017, and he and Ann now reside in Bellevue, Washington. With three happily married children, two grandchildren and many friends made over the years in the various places they have lived, the Canganys say they are grateful for their many blessings. Among those friends are their Franklin College connections, which now include a niece who is attending the college.

POSTED Apr 27, 2021