management center receives two key gifts
for Nonprofit Management at Kellogg has received two significant
gifts to support its mission.
Family Fund provides $1 million for the endowment of the Loan
Assistance Program at Kellogg, while the Chauncey and Marion
Deering McCormick Foundation provides seed funding to establish
executive education programs for nonprofit practitioners taught
by Kellogg faculty at the Chicago campus.
established the Public/Nonprofit (PNP) Management Loan Assistance
Program in 1995 to provide loan repayment funds to Kellogg
graduates working in the public or nonprofit sectors. The
grant from the Collins family enables Kellogg to endow the
program permanently -- a boon to graduates who want to work
in these sectors yet have substantial educational loans to
Don Haider, director of the PNP Program says, "Loan assistance
is a critical competitive advantage that Kellogg offers, because
the salary disparity between the nonprofit/public sector and
the private sectors has grown geometrically."
Collins �98, "The Collins Family Foundation is proud
to be affiliated with Kellogg�s PNP program and the graduates
who are bringing their managerial skills to the public and
nonprofit worlds. We feel strongly that it is critical that
student loans do not prevent graduates from entering their
Foundation grant enables the center to initiate executive
education programs directed at senior nonprofit managers.
It brings together the resources of a world-class academic
institution with a newly renovated facility and the enthusiasm
of nonprofit practitioners. Courses begin this fall and are
open to nonprofit executives.
Newman, chair of the center's advisory board notes, "Kellogg
has a history of success in executive education. This is a
wonderful opportunity to share that expertise."