2005 Class Gives Record $812,840
Grads support new facilities, action-based learning.
ANN ARBOR, Mich.—An annual gift-giving tradition launched 25 years ago reached a major milestone this spring as members of the Class of 2005 at the Stephen M. Ross School of Business at the University of Michigan presented checks totaling a record $812,840 to Dean Robert J. Dolan, who accepted the donations and pledges on behalf of the school.
Of the total, $280,240 was raised by graduates in the day and evening MBA, MAcc and BBA programs, led by the day MBA students, 98.3 percent of whom participated. The gift is earmarked for the facilities fund. The University's Board of Regents approved the school's $145 million plan for new state-of-the-art facilities and hired Kohn Pedersen Fox Associates PC of New York as project architect in February. More than half the cost of the project will be funded by $75 million of a $100 million gift from Stephen M. Ross, BBA '62. The school has to raise at least $40 million more for new facilities to support its unique, action-based curriculum.
Speaking on behalf of his classmates, John Kennedy, president of Autocam Corp. in Kentwood, Michigan, and Hayward, California, noted that all 56 members of the Executive MBA class contributed to its $532,600 gift.
"We're a small class, but we're going to do great things," Kennedy predicted. The gift will endow Executive Multidisciplinary Action Projects (ExecMAP) that bring together the Ross School and the global community. Through ExecMAP, student teams apply what they learn in class to real-world business situations and develop leadership skills. Part of the gift also is earmarked for the Executive MBA Alumni Fund to provide additional resources for alumni programming.
Graduates presented their gifts and pledges at an April 29 celebration under the portico prior to commencement. "We can't tell you how much your gifts mean to the school," said Dolan. "We appreciate the nature of the investment you're making."
Class Gift Campaign leaders were:
BBA—Damian Kim and Nancy Stano
MBA—Adam Nielsen and Ben Johnston
Evening MBA—Danielle Tomassini
MAcc—Sarah Ettinger and Adam Tymowski
Executive MBA—Anna Bousouris, Ken Davis, Mitch Henderson, John Kennedy and Amy Rhine-Pallas
For more information, contact:
Mary Jo Frank