Southern University Grads Mark and Dawn Malveaux donate $1M Back to the School!
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Posted By: Kennedy Williams on May 20, 2021 On May 21st, Mark A. Malveaux and his wife, Dawn, will be gifting $1,000,000 to Southern University, their undergraduate alma mater. The gift will support academic scholarships to talented business students and general programming in the College of Business, which is located on its Baton Rouge Campus. The gift is one of the largest donations ever given to the University by an alum. In recognition of the gift, Southern University will name its graduate program in business administration the Mark and Dawn Malveaux Master of Business Administration Program. "Dawn and I owe so much not only to Southern University but also to the communities that nurtured us. This gift is a tribute to a great university and the people who have committed themselves to uplifting students, including my amazing economics professor, the late Dr. Fred Temple. The gift is also a recognition of our parents and, for me, those aunts and uncles, many of whom did not have the opportunity to complete high school, who sacrificed for my generation and set an example of humble dignity." To read more from Mark, visit: http://shesaidsheled.com/giving According to U.S. News & World Report, the results of a survey of HBCU alumni giving, the average giving rate of participating schools was only 11.2%. That means barely one out of every 10 alumni bothers to make an annual contribution to their alma mater, or any HBCU. "The gift is not only a tribute to the past, but a challenge for the future that we are sure the University will meet and exceed. Dawn and I are excited to help build a stronger Southern University. We look forward to seeing Southern University compete for talented students and perfect its programming in the College of Business. We are also sincerely gratified that the University will name its graduate business program the Mark and Dawn Malveaux Master of Business Program, which we believe is a first for an HBCU. Our hope is that others will follow." "We are extremely grateful to the Malveaux family for this sizable gift to our College of Business and the students it continues to serve," said Ray L. Belton, president-chancellor of the Southern University System. "This intentional gift is a shining example of how our alumni have a consistent appreciation and love for the university that shaped them. It is also a deep commitment to seeing that Southern is able to offer boundless opportunities to students for years to come." Alfred Harrell, Southern University System Foundation CEO, echoed Belton's sentiments. "Mark and Dawn's gift to their alma mater provides strategic investment in an area of great need, directing sizable resources to talented students in our College of Business in perpetuity," Harrell said. The gift from the Malveaux family will be officially presented at the monthly meeting of the Southern University System Board of Supervisors on Friday, May 21, 2021. If you enjoyed this article, Join HBCU CONNECT today for similar content and opportunities via email! |
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Kennedy Williams
From Loganville, GA Spelman College class of 2020 Member Since July 2016 |
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