AggieFunded - The Jacob Hunsaker Endowment Fund

The Jacob Hunsaker Endowment Fund is a dedicated initiative aimed at providing financial support to nursing students during their clinical hours. Nursing students undertake rigorous clinical training without receiving monetary compensation. With your generous support, this endowment can serve as a resource to alleviate financial stress, enabling these dedicated students to focus on elevating their education, without the burden of financial instability.

This award is dedicated to honoring the achievements of Aggie Alumni, Jacob Hunsaker. As a US Army Squad Leader in Afghanistan, Hunsaker recognized the needs of his men and provided them with emotional and mental support. This inspired Hunsaker to continue his education to become a Marriage and Family Therapist. Hunsaker received a Bachelor of Arts in Spanish and a Master of Marriage and Family Therapy from USU to become a Marriage and Family Therapist. Go Aggies! Hunsaker believed in therapy and medication management. He was driven to return to USU and received a Bachelor of Science in Nursing. Hunsaker felt the meaningful impact as a scholarship recipient upon his return to USU. Hunsaker is currently pursuing a Doctor of Nursing Practice degree specializing as a psychiatric and mental health nurse practitioner, so he can provide the community with this model of care. Hunsaker has continued to serve the community by practicing as a mental health therapist in Cache Valley for the past 9 years. Hunsaker has an immense commitment to supporting others.

Together we can proudly honor Jacob Hunsaker’s legacy and empower our future nurses. By supporting students who embody what Hunsaker exemplifies, this award will foster academic excellence, dedication, and commitment among future generations. Your support and contributions will significantly impact the lives and careers of these dedicated students.

Donate today! 🐮💙

• Your gift will be used only for the above-stated purpose if the required minimum endowment level of $25,000 is met by December 31, 2028. If not met, the gift will be considered expendable towards the stated purpose.
• The Endowment will exist in perpetuity. If circumstances arise that render the stated purpose of the Endowment (as set forth herein) illegal, impractical, impossible, or wasteful (e.g., a change in law, the elimination of a USU program, position, or course of study, the persistent unavailability of scholarship recipients that meet the criteria, etc.); then, as set forth in this Solicitation, under such circumstances and in keeping with Utah Code 51-8-501(1), USU may designate a new purpose for the Endowment. Any such new purpose shall be defined by USU’s President and Director of Athletics.
• The Endowment will be invested under the direction of the University Public Treasurer. Oversight and advisement of investments will be provided by the USU Investment Advisory Committee in accordance with USU’s investment policy. The USU Foundation is the legal entity designated by USU to receive charitable gifts in support of its academic mission.

• Distributions from the Endowment shall be governed by USU’s Endowment Spending Policy. The spending policy calls for an annual distribution up to 5% (currently set at 4%) of the value of the endowment account to be expended per the gift agreement. An additional 1.5% of the endowment value shall be used to fund the administration of the endowment and USU advancement efforts. All additional gains shall be retained as appreciation and invested along with the corpus to grow the value of the Endowment over time.
• By letter dated May 21, 2008, the Internal Revenue Service has declared the USU Foundation (federal tax identification number 87-0627128), to be a duly qualified charitable organization under section 501(c)(3) and also an organization described in sections 509(a)(1) and 170(b)(1)(A)(iv) of the Internal Revenue Code. The Foundation is a duly chartered active Utah nonprofit corporation, under the provision of Utah Code, Title 16, Chapter 6a.