Family supports Mays course that teaches philanthropy
Kyle Gammenthaler, October 14th, 2016
After seeing how much their daughter Grace learned in a new “Strategic Philanthropy” course at Mays Business School, Wil and Jennifer VanLoh donated money to fund the next two courses. A portion of their $140,000 gift to Mays through the Texas A&M Foundation will provide grants for students to distribute to local nonprofits through the course, while remaining funds will help cover operating costs.
The course that debuted last spring gives undergraduate students at Mays first-hand experience in the world of nonprofit work. In the first program of its kind to be offered at an SEC school and the first at a business school, students get the chance to learn about various facets of philanthropy, hear from philanthropic leaders and experience the grant-making process from a foundation’s perspective.
Wil VanLoh, founder and CEO of Quantum Energy Partners, said his family routinely holds meetings to make philanthropic decisions for their family foundation. “My wife and I are intentional about including our kids in our decisions,” he said. “We think being good stewards of the resources we are given is a big responsibility, and something we don’t think a lot of people take seriously enough.
“We believe modeling generosity for our kids is one of the greatest gifts we can give them as it helps them understand that one is more blessed to give than to receive. We get tremendous joy out of giving and we want them to experience that at a young age to set the tone for the rest of their life.”
VanLoh said he was impressed with the course, which he said should be offered across the university – and not just at the business school. “This is an all-around great set of skills for these students, and it benefits the community they live in while they’re attending college, so it has a significant ripple effect,” he said. …Read more