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FOR IMMEDIATE RELEASE
Friday, Aug. 9, 2002
James Grant
UC Merced
(209) 724-4406
james.grant@ucop.edu
Ernest
& Julio Gallo Winery gift creates new school of management at
the University of California, Merced
$10 million endowment To be created
MODESTO - Sowing
the seeds of a new comprehensive management school in the San Joaquin
Valley of California that is the home of its global business, the
Ernest & Julio Gallo Winery has provided the lead gift to stimulate
creation of a $10 million endowment at the University of California,
Merced. The announcement came today (Aug. 9) from University President
Richard Atkinson and Merced Campus Chancellor Carol Tomlinson-Keasey.
The E. &
J. Gallo Winery and the Gallo family will donate a $5 million challenge
gift for the new school, with the University agreeing to raise an
additional $5 million to fund endowed faculty chairs and other gifts
to create the $10 million founding endowment.
In recognition
of the importance of the gift and the stature of the Gallo family,
the University will name the new school The Ernest & Julio Gallo
School of Management at UC Merced.
UC Merced, which
is the 10th campus of the UC system, is expected to open in fall
2004 with an initial 1,000 students. The campus will over time grow
to be a vibrant, comprehensive research university for 25,000 students
and approximately 6,000 faculty and staff. The Ernest & Julio
Gallo School of Management will be the first professional school
created at the new university.
“This
gift will enable the University to create a management school that
will provide undergraduate, graduate, and doctoral level curricula
in management, executive programs, and advanced research on all
aspects of regional, national, and global business,” said
Atkinson. “We are very pleased that the Ernest & Julio
Gallo Winery and the Gallo family are partnering with the University
in such a seminal way.”
Added
Gallo co-founder and Chairman Ernest Gallo: “Since we founded
the Winery in 1933, we have sought to build a business that recognizes
excellence and market leadership. It is an honor for the Winery
to assist the University of California — the world’s
most prestigious public University system — in creating a
superior new management school that we hope will train outstanding
people to be the leaders of tomorrow.”
Said
Tomlinson-Keasey: “The Gallo family and employees of the E.
& J. Gallo Winery have, over the decades, embodied the themes
of entrepreneurship, excellence and leadership — and today
this historic gift has created a similar opportunity for the University.
In the coming years, we will build a dynamic new management school
that will provide important research, teaching, and public service
that explores the complex intersections of human institutions, economic
activity, and global resource management."
“To be
permanently associated with Ernest and Julio Gallo who achieved
international acclaim for their entrepreneurial efforts and management
expertise provides great honor to the university. We are committed
to making the Ernest & Julio Gallo School of Management a school
that reflects the E. & J. Gallo competitive spirit and vision.
We want to develop in our students the values, the work ethic, and
the commitment to excellence that they practice.”
The Ernest &
Julio Gallo School of Management at UC Merced will initially offer
undergraduate business courses leading to a BS degree. Over time,
the school will plan an MBA degree offering and doctoral programs.
The school will attract students who have achieved the highest levels
of academic standing, and who have shown promise and leadership.
UC Merced currently
employs approximately 100 educators and professionals. In addition
to its main location, the Merced campus will utilize digital technology
to create an educational network that serves students and communities
throughout the San Joaquin Valley. The University currently operates
educational centers in Bakersfield, Fresno, and Merced. Another
center is planned for Modesto.
In other research
areas at the Merced campus, the University has already received
commitments to fund 13 endowed professorships. In addition, the
University has received major funding commitments from the Packard
Foundation, the Hewlett Foundation, the Ford Foundation, the Sloan
Foundation, and the Mary Stuart Rogers Foundation.
The Ernest &
Julio Gallo Winery is a global company founded in 1933 by Ernest
and Julio Gallo. The Modesto-based company has 3,500 employees worldwide,
and provides fine wines to consumers in the United States and 86
foreign countries.
Over the past
six and a half decades, the Ernest & Julio Gallo Winery has
become the world's foremost winery in the art and science of grape
growing and winemaking; and in the distribution and marketing of
wines worldwide. To uphold this philosophy, Gallo Winery is now
leading the industry in determining the best soils for growing grapes,
the best monitoring of that growth, and the best methods to employ
during the wine-making process. The company’s dedication to
continuous improvement in qualitycombined with decades of personal
experience growing grapes and making winehas resulted in Gallo being
the choice of more consumers than any other winery in the world.
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