Think About It: A Gift For The Ages - KFVE, K5-Hawaii News, Weather and Sports

October 20, 2014

Think About It: A Gift For The Ages

Fresh off last week's editorial about UH-Manoa's mounting debt comes a huge piece of good news. By giving the University of Hawaii leased fees on various land parcels housing big time buildings in Chicago, Charlotte, Nashville, and Columbus, Ohio, philanthropist and savvy UH graduate Jay Shidler will be increasing his total donations to the University of Hawaii Shidler Business College to over $100-million. That's phenomenal, he's UH's first-ever $100-million donor, and the gift and confidence it shows says as much about UH as it does about Mr. Shidler.

For here's an entrepreneur who has done well who has now decided to do even more good for his alma mater. Shidler began the gift giving in earnest about 10-years ago with a $25-million offering, followed by $6-million for renovations, and these lease fees from the mainland will provide almost $70-million which will allow UH to do the following, according to the Shidler College of Business Vision- expand programs and academic support, increase internships and career opportunities, provide more scholarships to more students, increase faculty endowments, improve facilities, recruit world class faculty, attract top students from all over, increase national and international perception of the business school, provide study abroad opportunities… the list goes on and on. A great vision that will now be realized through a great gift that will keep on giving.

And this giving, at a time of great need for UH, will perhaps stimulate other well-to-do UH alumni to come forward and help UH achieve even more, perhaps in other academic areas. With UH's revenue streams from tuition and the legislature slowing down annually, this gift is exactly what UH needs in its quest to move forward, and that is the surely the hope and expectation of Jay Shidler. Mr. Shidler has put his money where his heart is, and that's a great example of leadership and passion that hopefully leads to copycats who join him soon in the UH philanthropic hall of fame. Think about it… 

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