University of Iowa Foundation News Release
Oct. 18, 2004
Charitable Arm Of Rockwell Collins Gives $250,000 To UI's Pomerantz Center
University of Iowa students and faculty will benefit from a $250,000 gift from the Rockwell Collins Charitable Corporation to help build the Pomerantz Center, which will house the Executive M.B.A. program and other UI programs. In recognition of the gift to the UI Foundation, the UI will name a classroom in the Pomerantz Center the Rockwell Collins Executive M.B.A. Classroom.
"This generous gift from Rockwell Collins shows the company's commitment to excellent business and management education and helps ensure that managers and other professionals can continue to learn the skills they need to succeed through our Executive M.B.A. program," said Gary Fethke, dean of the UI Henry B. Tippie College of Business. "We are grateful for the support of the Rockwell Collins Charitable Corporation as we prepare to offer our students the opportunity to study in the superb new Pomerantz Center."
The Pomerantz Center is named for Marvin A. and Rose Lee Pomerantz of Des Moines, longtime benefactors of the UI who made a $10 million gift commitment to the UI Foundation for the building project. The 70,000-square-foot facility, under construction at the corner of Market Street and the T. Anne Cleary Walkway on the UI campus, will bring together a number of UI career-related services upon its completion in 2005. It will house the Admission Visitors Center, the Academic Advising Center, M.B.A. Career Services, the Executive M.B.A. Program, the UI Alumni Association's Career Information Network and the Marvin A. and Rose Lee Pomerantz Career Services program.
Rockwell Collins (NYSE: COL) is a world leader in the design, production and support of communications and aviation electronics solutions for government and commercial customers worldwide. The company, which has contributed more than $1.5 million to UI initiatives during more than 35 years of giving, currently employs about 190 UI M.B.A. graduates. The company regularly recruits UI graduates as employees, and many of its existing employees build their knowledge and skills through the Executive M.B.A. Program.
Rockwell Collins makes charitable contributions to a variety of nonprofit organizations in the United States and around the world. The Rockwell Collins Charitable Corporation makes grants for programs and initiatives; its giving priorities include education and arts and culture, with an emphasis in youth development.
The Rockwell Collins gift is part of the UI's $1 billion comprehensive campaign, which will run through 2005 and is being conducted under the guidance of the UI Foundation. Named "Good. Better. Best. Iowa: The Campaign to Advance Our Great University," the seven-year effort is raising private funds to help launch a variety of initiatives across the university, substantially increase the number of UI scholarships and endowed faculty positions, support new educational and research facilities, build the UI's endowment and fund outreach and service programs to benefit Iowans.
The University of Iowa Foundation is acknowledged by the UI as a preferred channel for private contributions that benefit all areas of the UI. Foundation staff work with a volunteer board of directors, the university's administration, colleges and departments to set fund-raising priorities; expand the base of contributors; provide stewardship to multiply funds already raised and conduct a variety of activities and fund-raising campaigns that advance the university's strategic goals.
For more information on the UI Foundation and its support of the UI, go to its web site at http://www.uiowafoundation.org.
CONTACTS: Media: Erin Minné, assistant vice president of corporate and foundation relations; 319-335-3305 or 800-648-6973; firstname.lastname@example.org; Writer: Nic Arp
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