$1 million Gift Allows Edwards Business Student to Invest Real Money
Release Date : May 16, 2011
Mr. George S. Dembroski, Retired Cameco Board Member; Dr. Daphne Taras, Dean, Edwards School of Business; Mr. Gerald W. Grandey, Chief Executive Officer, Cameco
The Edwards School of Business hosted a luncheon on May 16, 2011 to announce a $1 million gift from George Dembroski to the school.
“I had decided I would donate a substantial amount of my Cameco shareholdings to the University of Saskatchewan,” said Dembroski, an Ontario-native who recently retired from Cameco’s board. “I wanted to recognize the vitality of the Saskatchewan business community by investing in local education.”
Dembroski’s donation will support business students through scholarships and enhancements such as a Virtual Trading Floor and data sets for financial research. His gift will also allow the Edwards School to establish the George S. Dembroski Student Managed Portfolio Trust, adding Edwards to the number of other Canadian business schools that offer a Student Managed Portfolio program.
In addition, Edwards will launch two Investment Practicum courses in the 2011/2012 academic year, enabling students to earn credit through the hands-on experience. The courses will teach a select group of third and fourth year business students the intricacies of managing an investment portfolio including selecting financial assets, governance and the ethical issues involved with investing other people’s money.
“We’re entrusting our students with an incredible responsibility,” said Daphne Taras, dean of the Edwards School. “And we’re expecting a high level of professionalism.”
A portion of the income students earn will be reinvested into the portfolio and the remainder will go toward providing benefits to Edwards’ students. Initiatives will include scholarships, sponsoring guest speakers and funding additional activities to improve the student learning experience. “I hope this will be an incentive for further donations to the Business School to expand the whole area of corporate finance,” said Dembroski, who requested that his funds be used toward “further studies in portfolio management and stock trading.”
For additional information, contact:
Jessica Wallace, Advancement Officer
Edwards School of Business
University of Saskatchewan