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The Honolulu Advertiser

Updated at 5:10 p.m., Friday, July 27, 2007

UH business school attracts more endowments

Advertiser Staff

The University of Hawai'i's Shidler College of Business has attracted three professorship endowments totaling $2 million as part of its drive to make the school one of the top public university business programs.

The college received $500,000 from First Insurance Co. of Hawai'i's foundation, $250,000 from Outrigger Enterprises Group executive Jean E. Rolles, and another $250,000 from John and Sue Dean, a couple with strong ties to the state. These contributions will be matched by $1 million of funds endowed by real estate investor Jay Shidler.

The matching funds are part of a $25 million gift made by Shidler in September. About $3 million of Shidler's donation is reserved for a matching fund to help endow new professorships, fellowships and scholarships. Shidler and business school Dean V. Vance Roley hope to build on the gifts as part of a drive to make the UH program one of the top business colleges in the country and its MBA program one of the top 50 in the U.S. As part of the donation the business school was renamed in Shidler's honor.