Giving Back
GMAC sponsors and supports a number of volunteer and grant opportunities. Established in 2008, the GMAC Management Education for Tomorrow Fund (MET Fund) is a $10 million commitment toward strategic philanthropic initiatives that benefit graduate management students, faculty and institutions. The Ideas to Innovation Challenge (i2i) was established in 2011 and featured the submission of 650 ideas to improve graduate management education. Of these 650 ideas, 20 were chosen to be implemented through proposals from schools and other educational institutions. On April 17, 2012, the MET Fund announced US$7.1 million in grants to 12 schools and organizations that submitted the most creative implementation plans.
In 2005, GMAC launched TeamMBA in 2005, a global initiative for community service by students in graduate management programs. TeamMBA provides a way to promote the goodwill of the MBA by encouraging students to participate in community service projects. Since launching TeamMBA, hundreds of students, staff, and faculty from scores of schools have donated thousands of volunteer hours and raised hundreds of thousands of dollars for charities and community organizations.
Read more about this topic: Graduate Management Admission Council
Famous quotes containing the word giving:
“In our minds lives the madonna image—the all-embracing, all- giving tranquil mother of a Raphael painting, one child at her breast, another at her feet; a woman fulfilled, one who asks nothing more than to nurture and nourish. This creature of fantasy, this myth, is the model—the unattainable ideal against which women measure, not only their performance, but their feelings about being mothers.”
—Lillian Breslow Rubin (20th century)
“Listening to learn isn’t about giving advice—at least not until asked—but about trying to understand exactly what someone means, how it is that someone looks at and feels about her particular situation.... Listening to learn from a daughter in adolescence, conspiring with her thoughts and feelings, keeps a mother in touch with a daughter’s growing and changing self.”
—Elizabeth Debold (20th century)