$5M Gift Enhances Career Services

May 19, 2014

Career services at the George Washington University are getting a major boost thanks to a gift from GW Board of Trustees member Mark R. Shenkman, MBA ’67, and his wife, Rosalind.

The Shenkmans’ $5 million donation will support the GW Career Services Enhancement Initiative and the F. David Fowler Career Center at the School of Business, expanding student and alumni career opportunities. In recognition of these gifts, the GW Board of Trustees voted to permanently name the Ivory Tower residence hall Shenkman Hall.

“Many of our students already seek knowledge through internships and experiential education,” Mr. Shenkman said. “By providing more resources to redefine and expand career development, we are providing additional opportunities for students and alumni as they pursue their career aspirations.”

Created in 2012, the Career Services Enhancement Initiative aims to empower students and alumni to translate their academic and co-curricular experiences at the university into a lifetime of productive and engaged citizenship. The Fowler Career Center will be able to provide additional services and resources to students, alumni, faculty, and staff for strategic career planning and lifelong experiential learning thanks to the Shenkmans’ generosity.

The gift continues a long tradition of GW philanthropy for Mr. Shenkman. Since 1982, the founder, president, CEO, and chief investment officer of Shenkman Capital Management, Inc., has made gifts both individually and through his company supporting the GW Cancer Institute Gala, Hillel Fund, President’s Fund for Excellence, and various funds in the GW School of Business. Last fall, Mr. Shenkman funded the move and expansion of Veterans Memorial Park to its new location on Kogan Plaza.