The Miami University Campaign - Giving Tribute Spring 2007 - Anderson Gift Helps Provides Essential Faculty Support

Spring 2007

Anderson Gift Helps Provides Essential Faculty Support

Longtime supporters of Miami University and the Farmer School of Business, Jack R. and Rose-Marie Anderson recently committed $1 million to the Campaign For Love and Honor to support an innovative approach to attracting and retaining outstanding junior faculty.

In 2005, Miami University and the Farmer School of Business established a program to award chairs to assistant professors to successfully recruit and retain a generation of outstanding young scholars from some of the nation's best graduate and Ph.D. programs. The Chairs for Assistant Professors program awards chair positions to junior faculty and guarantees a heightened level of support for young scholars.

The Andersons ' gift creates an endowment that provides a five-year salary supplement for a highly qualified emerging teacher-scholar. The Andersons ' $1 million will be matched by $500,000 from a leadership gift pledged in 2005 by Richard T. and Joyce B. Farmer of Cincinnati and the Farmer Family Foundation.

Jack and Rose-Marie Anderson have a history of engagement with and support of the Farmer School . In 2000, they endowed a major lecture series that has brought world leaders to the Miami University campus; most recently, Supreme Court Justice Sandra Day O'Connor. A second gift, in 2004, established the Jack Anderson Professor of Finance chair.

After earning an undergraduate degree in business from Miami University in 1947, Jack Anderson received an advanced degree from Columbia University Business School and built a career in accounting and finance with several large corporations. In 1982, he retired from active management and founded Calver Corp., a health care consulting and investment company.

"The university is extremely grateful to the Andersons not only for their continued generosity but also for their support of the Farmer School 's vision for the future," said Miami President David Hodge. "Their investment in talented young faculty will benefit many generations of students to come."

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COMMITMENT UPDATE

Gifts received between Jan. 1, 2007, and March 31, 2007.

A number of major gifts and pledges highlighted another successful quarter in The Miami University Campaign For Love and Honor. Among the most generous commitments are the following:
$5 million from a member of the Class of 1957 in honor of the class' 50th reunion.
$3.5 million anonymous gift to support Intercollegiate Athletics
$1 million from Jim and Amy Miller Chapman to support construction of the new 200,000-square foot home of the Farmer School of Business
$1 million from Jack R. and Rose-Marie Anderson to endow a chair for a junior member of the faculty in the Farmer School of Business
$1 million from the Vanguard Charitable Endowment Program in the name of Gen. Joseph Ralston to provide scholarship support in terms of tuition, fees, room and board for undergraduate students in Miami's Air Force ROTC program
$500,000 from the estate of Mary Louise Schroth to support Miami University's general fund, as well as her own Mary Louise Schroth McGuffey Scholarship Fund.