Grants

• Howard University, the historically black educational institution in the nation’s capital, received a $1 million grant from the DaimlerChrysler Corporation Fund. The grant will be used to provide scholarships for business school students in the supply chain management discipline and also for undergraduate and graduate students in the School of Engineering.

• Shaw University, the historically black educational institution in Raleigh, North Carolina, received a generous $5 million grant from John Mack, the CEO of the Wall Street firm Morgan Stanley. Mack served on the board of trustees of Duke University with Shaw University president Clarence Newsome. Both men played football at Duke.

Mack’s donation is thought to be the largest ever given to Shaw by a person who was not an alumnus of the university. Willie E. Gary, the Florida trial lawyer and an alumnus, recently contributed $10 million to Shaw.

The Mack donation will be used to establish a need-based scholarship program in his name for students in science, mathematics, or engineering.

Copyright © 2007. The Journal of Blacks in Higher Education. All rights reserved.