Date: April 16, 2013
The MBF presented a $200,000 gift to Florida International University’s College of Business to endow its first MBA scholarship. The endowment will benefit City of Miami residents studying in FIU’s Downtown MBA programs at FIU Downtown on Brickell.
In addition to this recent gift to support the MBA program, the MBF has established scholarship programs at FIU to support First Generation scholars as well as endowment designed to support students with entrepreneurship goals. Over the years the Bayside Foundation has granted FIU more than $550,000 in scholarships.
“Our board represents a diverse group of people who come together to make a difference by improving education in our urban core,” said Nathan Kurland, chair of the MBF. “This endowment speaks to the Bayside Foundation’s recognition of the economic importance of FIU to the city of Miami.”
“What we have here is a model partnership that truly enhances our institution,” said David R. Klock, dean of the FIU College of Business. “The Bayside Foundation truly understands all that our graduates will do to enhance economic development in Miami.”
Pamela Weller, general manager of Bayside Marketplace, noted that in 2012, a record amount had been disbursed by Bayside Marketplace to the Foundation. The annual contribution was outlined by legendary developer Jim Rouse in his original plans for the open-air marketplace.
Oscar Cifuentes, an FIU pre-med student who received a Bayside Foundation First Generation scholarship that allowed him to focus on his studies, said he was grateful for the support he received.
“I want to show the people who gave me hope that I will work hard to give back,” Cifuentes said. “I will be that helping hand.”
About the MBF:
The MBF, a City of Miami-based nonprofit established in 1986, has created and administered a loan program for City of Miami minority businesses, funds scholarship endowments and gifts programs for City of Miami minorities studying entrepreneurship and business, and provides technical assistance to community and development organizations in the City of Miami. For more information on the MBF, visit www.miamibaysidefoundation.org.
About the College of Business:
Florida International University’s College of Business, South Florida’s leading business school with unique expertise in international business, entrepreneurship, healthcare management, and a broad range of financial services, is the largest of the university’s professional schools. Among the college’s more than 36,000 alumni are some of South Florida’s most successful business leaders and entrepreneurs. More than 8,000 students are enrolled in undergraduate business courses in its R. Kirk Landon Undergraduate School of Business, and more than 2,000 graduate students study in its Alvah H. Chapman Jr. Graduate School of Business every year. Another 1,000 business professionals participate annually in one or more of its professional and executive education programs. For more information, visit http://business.fiu.edu.
Florida International University is recognized by the Carnegie Foundation as a community engaged university. Its colleges and schools offer more than 180 bachelor’s, master’s and doctoral programs in fields such as engineering, international relations, architecture, law and medicine. As one of South Florida’s anchor institutions, FIU is Worlds Ahead in its local and global engagement, finding solutions to the most challenging problems of our time. FIU emphasizes research as a major component of its mission. It has 160,000 alumni and enrolls 50,000 students on two campuses and three centers including FIU Downtown on Brickell and the Miami Beach Urban Studios. FIU is a member of the Sun Belt Conference and has 400 student-athletes participating in 18 sports. For more information about FIU, visit http://www.fiu.edu.