Washington College receives record $15M individual gift for new global business school – Maryland Daily Record

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Washington College Monday announced the largest individual donation in the college’s 242-year history, a $15 million gift from Elizabeth “Beth” Warehime that will enable the launch of The Warehime School of Global Business, Economics and Social Impact, aimed at fostering a unique interdisciplinary approach to business education. 

With the goal of transforming business education by focusing on interdisciplinary partnerships, the liberal arts, the global nature of business, and social impact, the school will foster and utilize collaborations between Washington College’s business management, economics, world languages and cultures and international studies programs. 

Planning for the new school will move forward within the coming year. The idea for the school, which will focus on ethics and social responsibility, critical thinking, and real-world applications, has been in the works for some time now, however.  

As a 2013 graduate of Washington College, Warehime has a long history of support and innovation with her alma mater.


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In 2019, Warehime directed a $1 million grant to Washington College from the JHC Foundation, a Warehime family foundation. The gift established the Warehime Fund for Student Excellence in Business, which provides the department $50,000 a year to support student research, entrepreneurship, professional networking, and other initiatives.

That support includes funding student participation in professional conferences and other experiential learning activities, startup funds for student entrepreneurial projects and a Warehime Fellows program.

Warehime became a member of the Washington College Board of Visitors and Governors in 2020.

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