This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

John Edwardson Gives $5 Million To The University Of Chicago Booth School Of Business

CHICAGO, Jan. 29, 2013 /PRNewswire/ -- John Edwardson, retired chairman and chief executive of CDW, Vernon Hills, Ill., has given $5 million to the University of Chicago Booth School of Business as the founding gift to the school's Social Enterprise Initiative ( http://research.chicagobooth.edu/sei/), which supports student, faculty and alumni interest in the social sector, the school announced.

The social sector includes for-profit and nonprofit organizations with a mission to improve social outcomes that are governed and financed to support their mission.

The funds will be used to support the core activities of the Initiative, which include helping students launch and grow businesses in the social sector, matching alumni interested in board service with nonprofit organizations, and supporting student groups and career interests in the social sector.

The gift will also be used to fund faculty research and data collection, a major activity of the Initiative.

In recognition of the gift, the Chicago Booth business plan competition for social ventures has been renamed the John Edwardson Social New Venture Challenge.

Edwardson received an MBA from Booth in 1972. He is chairman of the Council on Chicago Booth and a member of the University's board of trustees.

"Generating understanding that improves human life is at the core of the University's mission," said Robert J. Zimmer, president of the University of Chicago. " John Edwardson's gift speaks to that core value in a very particular way, helping to support initiatives that simultaneously promote entrepreneurial innovation and social benefit."

"The Social Enterprise Initiative is uniquely Chicago," said Sunil Kumar, dean of Chicago Booth. "It builds on Chicago Booth's long-standing culture of rigorous analysis and our discipline-based approach to understanding organizations, markets and policy."

" John Edwardson's philanthropic leadership will help us integrate academic research on issues that are important to the social sector with educational activities. In turn, we can effectively study and help develop more effective organizations," Kumar said. "The social sector can benefit from proven market-oriented ideas and best practices from the for-profit sector."

Edwardson said the Social Enterprise Initiative is a natural outgrowth of the interests and approaches Chicago Booth students and alumni take to their work.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,805.41 +127.51 0.76%
S&P 500 1,964.58 +13.76 0.71%
NASDAQ 4,483.7150 +30.9230 0.69%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs