Philanthropy and Community Involvement
Fail has served as a Director of the Beneficial Mortgage Company, a member of the Economic Club of New York and a founder of its Centennial Society, and a Director of the Phoenix Symphony. In 1997 he established The Patsy and Jim Fail Scholarship at Birmingham-Southern College for "any worthy and deserving student". In 2007 Fail donated $200,000 to the Mobile Symphony, endowing its principal cello chair in memory of his wife.
Fail has repeatedly given to the Crimson Tide Foundation, the non-profit arm of the University of Alabama's athletic department. The department's media suite is named for Fail's father-in-law, Naylor Stone. In 2008, the visitor's locker room at Bryant-Denny Stadium was officially named "The Fail Room". Fail commented, "Earlier this year, when I saw the visitors' locker room as a potential naming right, I figured it was the most appropriate opportunity I would ever have to use my name."
Other donation recipients include the UAB School of Medicine, St. Paul's Academy, the Metropolitan Museum of Art, the University of Alabama Collegiate Fund, the Alabama Symphony, and Kappa Sigma Beta.
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Famous quotes containing the words philanthropy, community and/or involvement:
“... the hey-day of a woman’s life is on the shady side of fifty, when the vital forces heretofore expended in other ways are garnered in the brain, when their thoughts and sentiments flow out in broader channels, when philanthropy takes the place of family selfishness, and when from the depths of poverty and suffering the wail of humanity grows as pathetic to their ears as once was the cry of their own children.”
—Elizabeth Cady Stanton (1815–1902)
“Human life in common is only made possible when a majority comes together which is stronger than any separate individual and which remains united against all separate individuals. The power of this community is then set up as “right” in opposition to the power of the individual, which is condemned as “brute force.””
—Sigmund Freud (1856–1939)
“It may be tempting to focus on the fact that, even among those who support equality, men’s involvement as fathers remains a far distance from what most women want and most children need. Yet it is also important to acknowledge how far and how fast many men have moved towards a pattern that not long ago virtually all men considered anathema.”
—Katherine Gerson (20th century)