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:
“So do not be foolish, but understand what the will of the Lord is. Do not get drunk with wine, for that is debauchery; but be filled with the Spirit, as you sing psalms and hymns and spiritual songs among yourselves, singing and making melody to the Lord in your hearts, giving thanks to God the Father at all times and for everything in the name of our Lord Jesus Christ.”
—Bible: New Testament, Ephesians 5:17-20.
“From one casual of mine he picked this sentence. “After dinner, the men moved into the living room.” I explained to the professor that this was Ross’s way of giving the men time to push back their chairs and stand up. There must, as we know, be a comma after every move, made by men, on this earth.”
—James Thurber (1894–1961)