The Risk and Insurance Management Society Chicago Chapter said it has pledged $100,000 to the Spencer Educational Foundation for a college scholarship program in risk management.
Alan Kubitz, RIMS Chicago Chapter president and director of risk management at The HAVI Group LP, said, "RIMS Chicago Chapter Scholarship would not be possible without the support of our dedicated chapter members and sponsors."
RIMS Chicago Chapter Scholarship will be awarded annually to students who are pursuing an undergraduate degree in risk management or insurance at colleges and universities in Illinois, Indiana, Iowa, Michigan and Wisconsin. The first recipient will be announced in March of 2009.
"RIMS Chicago Chapter has always supported the goals of Spencer Educational Foundation, but this gift is its most generous to date," said Donna L. Galer, chairwoman of Spencer Educational Foundation Inc.
Since 1980 Spencer Educational Foundation has awarded more than $4 million in scholarships and $2.1 million in grants to students pursuing degrees and universities offering programs in risk management and insurance.
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