Wayne State faculty members challenge colleagues to endow scholarship fund
Two professors are challenging their colleagues in the Wayne State University School of Business to create a new $100,000 scholarship endowment for WSU business school students, and they are kicking off the initiative by putting their money where their mouth is.
Toni Somers, professor of information systems management and chair of the Department of Management and Information Systems, has committed $12,500 to match contributions of her faculty and staff colleagues to endow what's currently known as the School of Business Administration Faculty and Staff Annual Scholarship.
Deborah Habel, a lecturer in the Department of Accounting, originally approached Somers with the idea to issue the challenge and made the first contribution to it.
The goal, according to Somers, is to get the scholarship up to an endowment level of $25,000 this year, $50,000 in 2016, $75,000 in 2017 and to $100,000 by the end of WSU's Pivotal Moments Campaign in 2018.
Another goal, says Habel, is to encourage more people to contribute to the school. "I can't think of a better way to show potential donors outside of our buildings how committed we are to scholarship funding than by providing it ourselves," Habel said.
How to make a gift
WSU School of Business faculty and staff can make gifts through payroll deduction, by check or online. If making a gift online, please enter the following information in the "please specify" box: Fac/Staff Scholarship 445515-2814J-16A11.
For more information on contributing by some other means, please contact the WSU School of Business Development Office.