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UNH Receives More Than $8 Million for Student Support and Scholarships
DURHAM, N.H. – Ten years after establishing a program to help keep New Hampshire’s best and brightest in the state, long-time University of New Hampshire benefactor Dana Hamel has increased his support with an additional gift of $5 million. He is joined in providing support and scholarships for students by J. Morgan Rutman ‘84 and his wife Tara, in partnership with the Jane and Daniel Och Family Foundation, and Brian McCabe ‘91 and his wife Loren ‘90, ‘91G, who donated $3 million and $400,000 respectively.
“Scholarship initiatives like these open doors for students from all over the Granite State, encouraging them to seek higher education opportunities in the state,” said Governor Chris Sununu. “I applaud UNH and these gracious and generous individuals for their support of the next generation of skilled employees, small business owners and entrepreneurs in the Granite State and look forward to seeing these partnerships continue to succeed.”
The Hamel family established the Hamel Scholars and Hamel Scholarships Program in 2007 to provide scholarships and support for students who have demonstrated academic excellence, leadership and community involvement. Over the last 10 years more than 180 students have benefited from their generosity. In total, Hamel has donated more than $22 million to the initiative.
“A gift to UNH and its students is an investment in the state of New Hampshire,” said Hamel. “UNH is the state’s greatest asset. By making it possible for our best and brightest students to stay in state for their education, my hope is that many of the Hamel Scholars will stay in the state after graduation and serve as mentors for the students who come after them and as leaders in every area of New Hampshire life, from culture and the environment to business and politics.” Many graduates of the program are now working in New Hampshire, helping to address the state’s skilled workforce needs.
Dana and his wife Karol reside in North Palm Beach, Fla., and Tuftonboro, N.H. He received an AB in economics from Harvard College in 1952 and an MBA from the Harvard Graduate School of Business Administration in 1954. He is currently a private investor. Previously, he co-founded Penn Corporation in 1964 and served as its chairman until it was sold in 1987.
In addition to the Hamel Scholarships and Hamel Scholars Program, the Hamel family has also donated to help complete the Hamel Student Recreation Center and endow – along with other donors -- the Hamel Center for Undergraduate Research, which funds the university’s International Research Opportunities Program and Undergraduate Research Opportunities Program.
Rutman is president of Willoughby Capital Holdings, a private investment company in New York. He graduated with honors from the UNH Whittemore School of Business and Economics and serves on the UNH Foundation board of directors as well as the University System of New Hampshire board of trustees. His father was a professor of history at UNH from 1968 to 1984.
The majority of the Rutman and Och Family Foundation gift will provide scholarships and support to increase efforts by the Paul College of Business and Economics to attract more women of diverse backgrounds into business and economics education, and prepare both male and female students to appreciate the value of gender diversity in leadership and the important role that they can play as advocates and allies in advancing women’s leadership. The gift was funded in part by a grant from the New Hampshire Charitable Foundation’s Rutman Family Fund.
“As the parents of three daughters, Tara and I feel strongly about addressing gender inequity,” said Rutman. “I truly believe the world would be a better place if we could be gender blind. There are still many more men in senior positions than women, despite their entry to the workforce in equal numbers. We’re confident this gift will help reduce some of the barriers that women face and help equip them to become leaders in their fields. We are pleased to support the ongoing work of Paul College Dean Deborah Merrill-Sands to close the gender gap.”
In addition to encouraging gender equality in business, the Rutmans will enhance their support of the Shoals Marine Lab with additional scholarships in marine biology and expansion of the current artist in residence program to include all visual and written arts. The Rutmans will also fund an endowment to provide ongoing support for the Distinguished Lecture Series on the American Presidency, which was established in honor of his parents.
McCabe, who serves as chair of the UNH Foundation board of directors, and his wife Loren established the McCabe Family Scholarship with their gift. It will provide need-based scholarships for undergraduate and graduate students studying education.
“We are incredibly grateful for gifts like these that allow us to address one of the university’s top priorities, providing the support and scholarships that make UNH more affordable and accessible for our best students,” said Debbie Dutton, president of the UNH Foundation. “With their support, we will continue to make a difference in the lives of our students and their families.”
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