"New Scholarship Funding"- An Educational Funding Article for Business Miami

logo_business_miami.jpg

HELPING FIRST-GEN CITIZENS STUDY INTERNATIONAL BUSINESS

 By Rochelle Broder-Singer

A UNIQUE, recently endowed scholarship will offer new opportunities to students who wish to study international business, while helping increase the School’s diversity. Angel and Margie Gallinal created the Gallinal Family Endowed Scholarship, which will assist undergraduate School of Business students who are first-generation citizens and members of underrepresented minority groups. The students must plan to study international business.

Gallinal, a UM Citizens Board member and School of Business Visiting Committee member, has been a longtime School of Business donor. By establishing an endowed scholarship, he was able to ensure business students will get the assistance they need in perpetuity. 

“Mr. Gallinal has helped this special type of student for many years,” says Nancy Hullihen, the School’s executive director of alumni relations and development. “By converting his annual gift to an endowment, Mr. Gallinal can be ensured his interest in supporting these students will go on forever in his family’s name.”


ESTATE GIFT FUNDS NEW SCHOLARSHIP

A generous estate gift is helping School of Business students with financial need. The $4.6 million gift created the Edward J. and Ruth A. Irwin Business Endowed Scholarship, established specifically to assist undergraduate business students with financial need. During his lifetime, Edward Irwin (BBA ’52) made a $10 gift to the School of Business every year for a decade. His estate plan included a gift to the School for an endowed scholarship, but only after his wife had also passed away. The School received the generous gift last year, and established the endowed scholarship fund this year. “The Irwins are leaving an enduring legacy in keeping with President Frenk’s roadmap initiative of Access to Excellence,” says Nancy Hullihen, the School’s executive director of alumni relations and development. “They will be remembered for helping us reach the goal of meeting 100% of demonstrated financial need for admitted students by 2026.”

 

View a PDF of the story