BizEd

MayJune2007

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Headlines SHORT TAKES to the growth of their firms. This year's award winners are Candida Brush and Patricia Greene of Babson Col- lege; Nancy Carter of the University of St. Thomas and Catalyst Inc.; Myra Hart of Harvard Business School; and Elizabeth Gatewood of Wake Forest University. The award, which comes with $50,000 for research, is given to individuals who have contributed to theories of entrepreneurship and small business development. n Mary Stone has been named the 2007 winner of the American Accounting Association's Outstanding Accounting Educator Award. Stone is director of the Culver- house School of Accoun- tancy at the University of Alabama in Tuscaloosa. She will receive a plaque, citation, and $5,000 at the 2007 American Accounting Association's annual meeting. The award is funded by the PricewaterhouseCoopers Foundation, which also donates an additional $5,000 to the AAA in the winner's name. n Jonathan Calof, professor at the Uni- versity of Ottawa School of Manage- ment in Ontario, has been selected to receive the Frost & Sullivan Lifetime Achievement Award for his work in competitive intelligence. GIFTS AND DONATIONS n DePaul University in Chicago has received a $3 million gift from an anonymous donor for its Real Estate Center. Along with other recently received gifts, the donation puts the center well on its way to achieving its 18 BizEd MAY/JUNE 2007 $16 million fund-raising campaign. In January, the school welcomed James D. Shilling, its new Michael J. Horne Chair in Real Estate Studies. n The University of Washington Busi- ness School in Seattle has received $2 million from Leonard Lavin to establish the Leonard and Bernice Lavin Entrepreneurial Action Pro- gram (LEAP). Lavin is founder and chairman emeritus of the Alberto- Culver Company. The LEAP pro- gram will be administered through the School's Center for Innovation and Entrepreneurship, which helps foster student entrepreneurs by pro- viding them direct access to mentors from the business community. n Investment banker William R. "Bill" Hough, a member of the University of Florida's first MBA class in 1948, has donated $30 million to the Gainesville school, the largest private gift the university has ever received. In recognition of his sup- port, the university has established a new school and named it the Hough Graduate School of Business. Hough's gift creates an endowment that will sup- port teaching, academic pro- grams, and enhance- ments in the graduate school of business. It also provides the lead funding for a planned new building, William R. Hough Hall, to house the graduate business pro- grams. Hough's gift will be eligible for matching funds from the State of Florida Major Gifts Trust Fund and from the Alec P. Courtelis Facilities Enhancement Challenge Grant Pro- gram, potentially increasing the total value of the gift to $50 million. n Carole and Barry Kaye have pledged $16 mil- lion to the Col- lege of Business at Florida Atlantic University in Boca Raton. The Kayes' contribution, the largest single gift ever received by the university, will be recognized with the establish- ment of the Barry Kaye College of Business. The donation will be used to establish two endowments within the college and is eligible for match- ing funds from the State of Florida, bringing the potential value of the total gift to $32 million. Barry Kaye is an insurance entrepreneur. n The Tepper School of Business at Carnegie Mellon University in Pitts- burgh, Pennsylvania, has received $5 million from Richard P. Sim- mons to establish the Richard P. Simmons Distinguished Professor- ship. The first chair holder will be Finn E. Kydland, who was awarded the Nobel Prize in Economic Sci- ences in 2004. Simmons, retired chairman of Allegheny Technolo- gies Inc., is a philanthropist and adjunct professor at the Tepper School, where he teaches the grad- uate course, "Responsibilities and Perspectives of the CEO." n A $5 million gift from the Dyson Foundation will establish the Dyson Scholars Program in the Cornell University Undergraduate Business Program in Ithaca, New York. The program will fund scholarships to about 60 students each year and establish special offerings for the Dyson Scholars.

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