One-Third Of Michigan Ross Full-Time MBA Class Of 2020 Donates To The Give-A-Day Fund, Receives $10,000 Match On Giving Blueday
During the University of Michigan’s Giving Blueday, the student-run Give-A-Day Fund at the Ross School of Business received thousands of dollars in donations from nearly 100 students, faculty, and staff, which unlocked a $10,000 matching grant from an anonymous donor.
So far in 2019, more than one-third of the Michigan Ross Full-Time MBA Class of 2020 have donated to the Give-A-Day Fund, which supports full-time MBA impact interns with funding from their fellow students.
A total of 97 donations came in from the Michigan Ross community on Dec. 3 — the most ever received for this fund on Giving Blueday, the annual day of giving at U-M that coincides with Giving Tuesday, a global day of giving following Thanksgiving weekend. The donations received to date this year will provide a 70 percent increase in year-over-year funding for first-year MBA students who pursue nontraditional, impact-focused internships.
In addition, Section 2 of the Ross FTMBA Class of 2020 achieved the highest participation of any section in the event’s seven-year history, and as a result, will receive funds from the Business+Impact Initiative at Michigan Ross to help defray the costs of that section’s annual holiday party.
Launched in 2012, the Give-A-Day Fund provides financial assistance to full-time MBAs at Ross interning with impact organizations and is a first-of-its-kind initiative among U.S. business schools. As its name implies, MBA students are asked to donate a day of their summer internship salary to make the fund’s support possible. Managed by Business+Impact, funding is given to students based on financial need and the focus of their impact internship.
For Giving Blueday 2019, U-M raised more than $4,242,531 from 15,887 gifts made by the global Michigan community, including many from Michigan Ross, in just 24 hours. The university uses donations raised from the event to provide impactful support for programs, scholarships, and research across its three campuses.