Houston Endowment Donates 12 Million to Support Rices Jones School Programs

first_imgShare CONTACT: Mike Cinelli PHONE: (713)831-4794E-MAIL: [email protected] HOUSTON ENDOWMENT DONATES $12 MILLION TO SUPPORT RICE’SJONES SCHOOL PROGRAMS Houston Endowment Inc. continued itslong-standing support of Rice’s Jesse H. Jones Graduate School of Managementthis summer with a $12 million gift to the business school.The gift will be given to Rice incrementally during the nextsix years. The first $2 million will endow the Mary Gibbs Jones Professorship inManagement, while the remaining $10 million will support enhancements to theJones School.“Our plans are to elevate the Jones School to the next level ofachievement, so the support of the Houston Endowment is particularly importantto us,” said Rice President Malcolm Gillis. “Like Jesse Jones himself, theHouston Endowment recognizes the value to our community of a top-flight businessschool within a premier research university.“In this, the centennial of Jesse Jones’ arrival in Houston,all at Rice share in the appreciation of Mr. Jones’ immense contributions towardbuilding a metropolis of international dimensions. This new, generous gift willfurther strengthen Rice’s capacities to play a leading role in Houston’s growthand success for the next 100 years.”Gilbert Whitaker, dean of the Jones School, said: “This is aleadership gift that moves us forward rapidly with our program to make the JonesSchool a top-tier business school. Houston Endowment’s strong vote of confidencein the Jones School and its future tells others that we are serious in ouraspirations and that we will succeed.”Whitaker, a Rice alumnus, was named dean of the Jones School in1997. During the past year he has initiated a retooling of the business school’sprograms. Major initiatives include a new building, expanding the student base,enlarging the faculty, revamping the school’s curriculum, and adding anexecutive MBA program which starts classes this semester.Houston Endowment was instrumental in the creation of the JonesSchool: the foundation provided a $5 million gift to establish the graduateschool in 1974. During the past 24 years, the Endowment has provided more than$21 million–in addition to the founding grant and the current announcedgift–to support the school’s programs and facilities.“This $12 million gift to the Jones School demonstrates ourcommitment to working with Rice to provide the highest quality graduate businessschool program possible,” said Houston Endowment President H. Joe Nelson III.“Plus, we want to be supportive of the energy and excitement that Dean Whitakerand his team have created at the school.” The Houston Endowment gift is one of a number of majorcontributions made recently to Rice by foundations, alumni and friends of theuniversity as part of a fund-raising effort to support implementation of Rice’sstrategic plan, “Rice: The Next Century.”The “Next Century” is a blueprint for the university’s successin the decades to come, as developed by a committee of Rice faculty, staff,students, alumni and friends and approved by the university’s trustees inDecember 1997. The “Next Century” comprises 34 strategic initiatives to beundertaken over the next 10 years, building upon the high standards establishedin Rice’s first 100 years and enhancing selected areas in which Rice can achievethe greatest impact during the 21st century.Rice University is a leading American researchuniversity–small, private, and highly selective–distinguished by its superiorteaching, commitment to undergraduate education, outstanding graduate andprofessional programs, residential college system, collaborative andinterdisciplinary culture, and global perspective.### FacebookTwitterPrintEmailAddThislast_img

Leave a Reply

Your email address will not be published. Required fields are marked *