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March 2013

The Newsletter of the Graduate Management Admission Council

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From the Fundraising Desk

  • The University of Kentucky’s Gatton College of Business and Economics has passed the halfway point in fundraising efforts for the expansion and renovation of its facilities. The university announced that nearly US$34 million in private funds has been donated or pledged toward the US$65 million project.
  • The University of California-Berkeley, UC San Francisco, and Stanford University are collaborating under a three-year, US$3.75 million grant from the National Science Foundation on an educational program aimed at commercializing university research and fostering innovation. The grant establishes an Innovation Corps (or I-Corps) Node, one of three that NSF is funding. The goal of I-Corps is to increase the impact of NSF-funded research by setting up innovation ecosystems within universities that will train the next generation of entrepreneurs, encourage partnerships between academia and industry, and commercialize science and technology.
  • John Jeuck has dontated US$3.5 million to the University of Notre Dame to help fund student-led ventures and strengthen the university’s ESTEEM (Engineering, Science, Technology and Entrepreneurship Excellence Master’s) Program, a multi-disciplinary graduate program developed by the university’s colleges of science and engineering and the Mendoza College of Business.

  • Campus Montréal, the major fundraising campaign led jointly by HEC Montréal, Polytechnique Montréal and the Université de Montréal, has received C$2.5 million from Rémi Marcoux and TC Transcontinental. The funds will help create the Rémi Marcoux Entrepreneurial Track, designed to encourage entrepreneurialism among students.

  • Andris Zoltners has donated US$2.5 million to endow a professorship at the Tepper School of Business at Carnegie Mellon University.

  • The Uni­ver­sity of New Mex­ico has received a five-year, US$1.67 mil­lion grant from the National Sci­ence Foun­da­tion to pro­vide 18 schol­ar­ships for master’s degree study in Infor­ma­tion Assur­ance (IA) and cyber-security at the Ander­son School of Man­age­ment.

  • Jay S. Benet and Jeanne P. Benet have pledged US$1.5 million to establish a professorship in finance in the Simon School of Business at the University of Rochester.

  • The University of Hawai’i at Mānoa Shidler College of Business has received US$1 million from William R. Johnson, Jr. to establish an endowment for study abroad.

  • The C. T. Bauer College of Business at the University of Houston has received US$1 million from Dawn and Richard Rawson to bolster the UH recruiting scholarship endowment.

  • West Virginia University’s College of Business and Economics is slated to received US$3 million of a US$4 million contribution to the university from the BrickStreet Insurance Foundation. The balance of the gift will help improve athletic facilities.

  • Doug Hunter and his wife Diane have pledged C$5-million to the Haskayne School of Business at the University of Calgary to launch a center for entrepreneurship and innovation.

  • Belk, Inc. has pledged US$5 million to the University of North Carolina at Charlotte College of Business.

  • The Haydn Green Charitable Trust has donated £1.5 million to the University of Nottingham to promote innovation and entrepreneurship. The gift expands the work of the university’s Institute for Enterprise and Innovation, headquartered in the Nottingham University Business School.

  • Carleton University in Ottawa has received a C$1 million pledge from Royal Bank of Canada in support of the center for research and education on women and work in the Sprott School of Business.

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