Penn State students lucky to have alums like Gene and Roz Chaiken--Philanthropists of the year

[PA college fan]

They have long supported Liberal Arts. Gene was 1962 PSU grad in Business Administration. He married Roz in 1963 and went to work for her dad in the family business, Almo Corporation in Phila, and ten years later, his father in law died with instructions to have Gene take over. He grew the corporation from 8 million annual revenue to 800 million annual revenue over time, with his son PSU grad '91 also in business.

Now the family has set up the largest philanthropic scholarships ever, with 160 liberal arts students receiving 10k of scholarships yearly forever. He has also helped the medical school PCOM be financially viable by being vice chair of their board. Now that makes me Penn State proud. Local guy from Philly through hard work succeeds and donates to the future of students, and stays humble. It's people like him and Pegula who rise from humble backgrounds, with many equally important numerous smaller donors that have swelled our endowment to 4.6 billion, and keeps the school successful, despite some of the malpractices and mismanagements by prior college presidents, administrators etc. After all, it's all about the students, and the faculty even as we enjoy rooting on the Lions in all facets, athletic and academic.

 

[The Spin Meister]

They have long supported Liberal Arts. Gene was 1962 PSU grad in Business Administration. He married Roz in 1963 and went to work for her dad in the family business, Almo Corporation in Phila, and ten years later, his father in law died with instructions to have Gene take over. He grew the corporation from 8 million annual revenue to 800 million annual revenue over time, with his son PSU grad '91 also in business.

Now the family has set up the largest philanthropic scholarships ever, with 160 liberal arts students receiving 10k of scholarships yearly forever. He has also helped the medical school PCOM be financially viable by being vice chair of their board. Now that makes me Penn State proud. Local guy from Philly through hard work succeeds and donates to the future of students, and stays humble. It's people like him and Pegula who rise from humble backgrounds, with many equally important numerous smaller donors that have swelled our endowment to 4.6 billion, and keeps the school successful, despite some of the malpractices and mismanagements by prior college presidents, administrators etc. After all, it's all about the students, and the faculty even as we enjoy rooting on the Lions in all facets, athletic and academic.

Great thing they did. 160 students per year is a lot. Congratulations to them.

 

[step.eng69]

Bump

 

[CF LION]

Are they interested in getting involved with NIL?