December 12, 2011

Hodson Trust awards Johns Hopkins nearly $2 mill

Photo: Will Kirk/

The Hodson Trust this month awarded nearly $2 million to Johns Hopkins University to support undergraduate scholarships, research in oncology and nephrology, and the Hodson Curator of the University Archives. The grant was awarded Dec. 1 following the annual Hodson Scholars Luncheon, at which two students expressed their gratitude for the Hodson Trust’s support.

Pictured are Hodson Trust Chairman Gerald L. Holm, Hodson-Gilliam Success Scholar Dominique Marshall, Hodson Scholar Hugo Cervantes and Johns Hopkins President Ronald J. Daniels.

Since its inaugural grant to Johns Hopkins in 1958, the Hodson Trust has given the university more than $74 million, mostly for undergraduate scholarships and for the construction of Hodson Hall.

The Hodson Trust was settled in 1920 by the family of Col. Clarence Hodson, who grew up in Maryland. Hodson believed that financial credit should be available to the average American, a revolutionary idea in 1914, when he founded the Beneficial Loan Society. Beneficial became part of Household International, now HSBC, in 1998.