$621,000 Raised for June Kinney Scholarship
|At the check-transfer ceremony establishing the a new Wharton School June Kinney Health Care Management MBA scholarship program were (left to right) Elayne Howard, co-chair of the fund raising committee; Sam Lundquist, Vice Dean of External Affairs; June Kinney, Associate Director of the MBA program; Wharton Dean Geoff Garrett; Tracey Johnson, co-chair of the funding raising committee; Tom Kupp, WHCMAA Treasurer; and Jeffrey Voigt, WHMCAA President. | Photo: Hoag Levins|
Fourteen months after it kicked off a drive to fund a new Wharton School scholarship program honoring June Kinney, the Wharton Health Care Management Alumni Association (WHCMAA) has raised $621,000. The final check for $360,000 was turned over to the Wharton School in a late December ceremony in the dean's office. The original goal of the campaign was $500,000.
"This was an amazingly successful effort that more than 330 donors participated in," said WHCMAA President Jeffrey Voigt.
The new scholarship is for incoming students in Wharton's Health Care Management MBA program. "It's another tool to assist Wharton in attracting the best and brightest to this program that has taken on new importance in this era of sweeping health care reform," said Voigt.
25 class captains
The Kinney fund raising campaign, headed by professional fund raiser and Wharton alum Elayne Howard and former WHCMAA President Tracy Johnson, ultimately came to involve 25 Wharton class captains.
Kinney, the namesake of the new scholarship program, joined the Wharton School in 1981 and is credited with fostering the development of one of the country's largest and most respected health care management educational programs. She is Associate Director of the program as well as a Senior Fellow at Penn's Leonard Davis Institute of Health Economics (LDI). Last year, The Business School Alliance for Health Management (BAHM) established a new national award honoring the achievement of business school health management department educators and made Kinney both the namesake and first recipient of that award.
Kinney was on hand with the WHCMAA fund raising committee to turn the new scholarship money over to Wharton Dean Geoff Garrett in the form of an oversize check.
"I'm absolutely delighted by this rapid and generous outpouring of support for the program," said Kinney.
Paying it forward
"A hope I have about this scholarship fund is that, over time, recipients will view it as a loan during a time when they were struggling to build their future and that they will pay it forward and contribute back as they move through their careers if they are able to," Kinney said.
"Top business schools are offering more generous scholarships than before to their most accomplished applicants. We want to be able to compete for these students," she continued. "The more scholarships that we can offer, the more we are able to take purely financial considerations out of their choice of program."
The Kinney scholarship is the second one to be established by the WHCMAA. The first, which is separately funded at $330,000, is the annual Kissick/WHCMAA scholarship that singles out a current Wharton health care management student for exceptional accomplishment in activities outside the classroom in the areas of social responsibility, health policy or business building.
That first scholarship is named for William Kissick, MD, PhD, who played an integral role in developing LDI and Wharton's Health Care Management program and was one of the national pioneers of the Medicare program.