They are outstanding young people and the Daniels Fund is proud to partner with them as they fulfill their dreams of attending college
Denver, CO (Vocus) June 18, 2010
The Daniels College of Business at the University of Denver will host an event today highlighting the legacy of Bill Daniels, a business leader and philanthropist, who died in March 2000.
Daniels, a decorated naval aviator in World War II and cable television pioneer, helped establish Colorado as a center of the cable television industry. Upon his death, his estate transferred to the Daniels Fund, which provides grants and scholarships in Colorado, New Mexico, Utah, and Wyoming.
The Tenth Anniversary of the Daniels Fund will be celebrated at the eight partnering universities in the Daniels Fund Ethics Initiative, an innovative program designed to instill a high standard of business ethics in graduates. The event at the University of Denver will be linked to the other celebration sites through a video simulcast.
“Bill Daniels began life in humble circumstances, but achieved greatness by staying true to the values he learned as a young man: honesty, integrity, and the importance of hard work and always playing fair,” explained Linda Childears, president and CEO of the Daniels Fund. “His legacy has touched countless lives in its first ten years, and will continue to do so as long as there are people in need,” she added.
Daniels collaborated with the University of Denver to incorporate ethics, values and social responsibility in the business school curriculum. The school was named the Daniels College of Business in 1994.
The celebration will take place in Hamilton Gymnasium at the Ritchie Center. Special guests will include nonprofit and community leaders who will be joined by recipients of the Daniels Scholarship. Childears will be joined by Hank Brown, chairman of the Daniels Fund board, to emcee the event.
A total of 2,000 students have been named Daniels Scholars since the program was launched. This supplemental scholarship provides students in financial need with the opportunity to attend any college or university in the United States once they are accepted.
“These are promising and motivated students determined to succeed in life, but lacking the financial resources to continue their education,” explained Childears. “They are outstanding young people and the Daniels Fund is proud to partner with them as they fulfill their dreams of attending college,” she said.
In addition, the Daniels Fund has awarded $10 million in funding for Daniels Opportunity Scholarships to colleges and universities. This program provides non-traditional students such as adults returning to college, returning military personnel, GED recipients, foster care youth, and those exiting juvenile justice facilities with the opportunity to attend college.
Since its inception, the Daniels Fund has approved grants totaling nearly $300 million in Colorado, New Mexico, Utah, Wyoming, and to programs with a national impact. In 2010, a projected $31 million in grants will be awarded. This is in addition to the funding for the Daniels Scholarship and the Daniels Opportunity Scholarship programs.
Among the many nonprofits receiving grants are: Feeding America; the Bill Daniels Center for Children’s Hearing at The Children’s Hospital; Catholic Charities and Community Services; the Charter Schools Development Corp.; Colorado UpLift; the Denver Police Activities League; the Family Resource Center; Teach for America – Colorado; and many others.
The public is invited to view the live webcast of the 10th Anniversary Celebration via a link on the Daniels Fund website: http://www.danielsfund.org.
Additional Information on Bill Daniels:
Bill Daniels grew up during the Great Depression and became a decorated aircraft carrier fighter pilot in World War II before returning home to help launch the cable television industry.
As a naval aviator, Daniels flew in both theaters of World War II, he took part in the invasion of North Africa and then was assigned to the Pacific Theater of the War where he earned numerous decorations, including the Bronze Star for valor during an enemy attack on the aircraft carrier USS Intrepid.
As one of the pioneers in cable television, Daniels operated hundreds of cable TV systems across the country from his Denver headquarters. The firm he established, Daniels & Associates (now RBC Daniels), is recognized as one of the nation’s leading providers of investment banking services to media and technology companies. His leadership helped bring numerous hi-tech and communications companies to the Front Range.
Among Daniels’ notable philanthropic projects were his pioneering efforts in education. He founded the Young Americans Bank in 1987, and collaborated with the University of Denver to incorporate ethics, values and social responsibility in the business school curriculum. The school was named the Daniels College of Business in 1994. Daniels also donated his home, Cableland, to serve as the Official Residence of the Mayor of Denver and as a location for fundraising events for nonprofit organizations.
Upon his death, Daniels’ $1 billion estate transferred to the Daniels Fund, which provides grants and scholarships in Colorado, New Mexico, Utah, and Wyoming.
The June 17 celebration at the University of Denver will be telecast to celebrations at the seven other partnering universities in the Daniels Fund Ethics Initiative, an innovative program designed to instill a high standard of business ethics in graduates. The celebration sites include: Colorado State University, New Mexico State University, University of New Mexico, University of Colorado at Colorado Springs, University of Northern Colorado, University of Utah, and the University of Wyoming.
For information, visit http://www.danielsfund.org
DANIELS FUND MEDIA CONTACT:
Peter J. Droege