Chicago Booth EMBA Alum Gift Expands Social Innovation

first_img A $20 million gift from a Chicago Booth MBA alumni will support expanded research and programming in social innovation and entrepreneurship at the University of Chicago.Tandean Rustandy, MBA ’07, is the man behind the generous gift. Previously known as Chicago Booth’s Social Enterprise Initiative, the newly named Rustandy Center for Social Sector Innovation will serve as a hub for Booth School of Business students, alumni and faculty, and provide assistance and resources for tackling complex social and environmental problems.“The Rustandy Center will provide a rigorous setting for students, faculty and colleagues to confront pressing challenges through social enterprise and innovation. The generosity of Tandean Rustandy will help to expand research, training and support in this emerging area for years to come,” Booth President Robert J. Zimmer said.According to the UChicago, the center will work with nonprofit, for-profit and government organizations, serving as a resource for the university community as well as nonprofit leaders, social entrepreneurs and others committed to social impact. The Rustandy Center also aims to advance social innovation in five areas: Research on social sector institutionsTraining and networks for nonprofit board membersDevelopment of innovative and experiential curriculumResources for students and alumni interested in social impact careersPrograms related to social entrepreneurship and social venture funding regions: Chicago RelatedEntrepreneurship Centers and Resources for Chicago MBAsWhile some entrepreneurs avoid the college route altogether (just take a look at Steve Jobs and Bill Gates), today, there are lots of prospective MBAs who go the grad school route in order to get into the startup scene and learn the tips and tricks that will help them get…November 14, 2016In “Featured Home”Chicago Booth Alum Donates $10 Mil to Support Priority InitiativesUniversity of Chicago Booth School of Business alumnus Dave Liguang Chenn (MBA ’00) recently donated $10 million to support several priority initiatives at Booth. Chenn’s donation will go toward Booth’s new Hong Kong Center, scholarships for both graduate and undergraduate students, and the UChicago Innovation Fund managed by the Polsky Center…June 1, 2018In “Chicago”Social Impact MBAs: Programs That Help Students Make a Difference in the WorldFor years, social impact has been a growing area of emphasis at business schools. Increasingly, MBA students are stating that a well-paying career isn’t enough: They also want to make a difference. As Sherryl Kuhlman, the managing director of the Social Impact Initiative at the University of Pennsylvania’s Wharton School, told U.S.…October 11, 2017In “Featured Home” Rustandy is the founder of Jakarta-based PT Arwana Citramulia Tbk, one of the best-performing ceramic tile manufacturing companies in world. He is one of the most successful alumni of Booth’s Executive MBA Program in Asia.“Tandean was able to apply his Booth MBA education to expanding his already successful business. This most generous commitment from Tandean will secure the future of Booth’s social enterprise activities,” said Doug Skinner, Chicago Booth interim dean and Eric J. Gleacher Distinguished Service Professor of Accounting. “Our students and alumni are becoming increasingly interested in using their business training to solve social problems, and the Rustandy Center will serve as the venue for all of our efforts in this area.”Rustandy says his belief in a socially beneficial approach to business was the reason why he donated such a large chunk of change into supporting Chicago Booth’s social impact research and programs.“I’ve been blessed by God so what I have I need to give back–and I want to give to an institution that can create so much–not just for the U.S. but for all the world. That is why I want to give this gift to the University of Chicago and to Booth,” Rustandy said. About the AuthorMax PulciniMax Pulcini is a Philadelphia-based writer and reporter. He has an affinity for Philly sports teams, Super Smash Bros. and cured meats and cheeses. Max has written for Philadelphia-based publications such as Spirit News, Philadelphia City Paper, and Billy Penn, as well as national news outlets like The Daily Beast.View more posts by Max Pulcini Last Updated May 30, 2017 by Max PulciniFacebookTwitterLinkedinemail Chicago Booth EMBA Alum Gift Expands Social Innovationlast_img

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