DaimlerChrysler Donates $1 Million To Howard University During 83rd Annual Charter Day Festivities

As part of the 83rd annual Howard University Charter Day Dinner with approximately 2,200 people in attendance, the DaimlerChrysler Corporation Fund presented Howard University with a special gift of $1 million that helped the 140-year-old historically black college exceed their five-year capital fund drive goal of $250 million.

“This gift to Howard University is the largest single amount ever given by the DaimlerChrysler Corporation Fund to a historically black college or university,” said Frank Fountain, Senior Vice President - External Affairs and Public Policy (Auburn Hills), Chrysler Group. “The company has a very strong relationship with Howard that spans nearly 20 years and has produced many alumni who work for DaimlerChrysler. We are excited that future students in the schools of Business and Engineering will benefit from our long association with Howard University.”

Funds from the grant will fund scholarships and other activities in the School of Business for the study within the Supply Chain Management discipline and for scholarships within the School of Engineering for graduate and undergraduate studies.

Frank Fountain was introduced at the Charter Day Dinner by Earl G. Graves Sr., Chairman and Publisher of Black Enterprise magazine, member of the DaimlerChrysler Supervisory Board and member of the Howard University Board of Trustees. Also present for the grant presentation was Rob Liberatore, DaimlerChrysler Group Senior Vice President - Global External Affairs and Public Policy. Howard University President H. Patrick Swygert received the donation.

The annual Charter Day Dinner celebration is an 83-year tradition celebrating the founding of Howard University. The occasion has also become a major fund-raising event.