NU Online News Service, March 4, 11:42 a.m.EST

The Spencer Educational Foundation, Inc., which providesscholarships to students of risk management, said it will hold itssecond annual fundraising gala Sept. 13, at New York's WaldorfAstoria Hotel.

Donna L. Galer, chairwoman of Spencer Educational Foundation,Inc. said in a statement that, "Last year's inaugural fundraisinggala was designed to celebrate the Foundation's 30th anniversary,but it was such a tremendous success--raising more than $365,000for risk management education--that we decided to continue thetradition into 2010."

"More than a fundraising initiative, the gala is an excellentway for Spencer Educational Foundation to raise awareness andsupport for educational programming, scholarships and grants. Wethank all those who share in our mission and invite you to join usin September to support risk management education," Ms. Galersaid.

Honorees at the dinner will include Foundation supportersStephen P. McGill, chairman and chief executive officer of Aon RiskServices and Shivan S. Subramaniam, chairman and chief executiveofficer of FM Global.

Those who wish to request an invitation to the gala can callCamy Calve at 212-218-6223 or e-mail [email protected]. Moreinformation is available at www.spencered.org.

The Foundation said its mission is to stimulate, promote andencourage promising undergraduate, graduate and doctoral studentsof risk management disciplines in fulfilling their educationalgoals with scholarship awards and educational grants.

Established in 1979 to honor the late Robert S. Spencer, theFoundation is administered by its Board of Directors and isaffiliated with the Risk and Insurance Management Society, Inc.(RIMS) in New York. For more information, visit www.spencered.org.