Giving to the Poor

What better way to demonstrate compassion for the poor during this time of year than to donate $5,000,000 to attract a new dean to the University of Iowa’s business college. A charitable donation, indeed:

—loquacious

Business leader Tippie donates more to U of I.

The man whose name is on the University of Iowa business college has given the college $5 million to attract a new dean to the school.

Henry B. Tippie of Austin, Texas, said he hopes the gift will help the university find a well-qualified candidate to succeed Gary Fethke, who is retiring as the college’s dean in 2006. Tippie gave the college $30 million in 1999 for a variety of uses.

“Henry understands the concept of transformational philanthropy – that is, generosity designed to help already excellent institutions take huge strides forward into greatness,” said David Skorton, university president.

From the Des Moines Register

One Response to “Giving to the Poor”

  1. tristero Says:

    Late breaking news, Gary Fethke decides to postpone retirement and accept the Tippie money in one lump sum. Congratulations Professor Fethke, you are Iowa Underground’s….SCHOLAR OF THE WEEK!!

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