Messenger - Vol. 3, No. 3, Page D-4 Spring 1994 Dialog Fortune 200: An Investment in the Future J.P. Morgan Delaware has made a gift of $150,000 to the University of Delaware College of Business and Economics in support of the college's Fortune 2000 Program for minority students interested in pursuing careers in business. J.P. Morgan Delaware is now classified as a Fortune 2000 Partner. John W. Field Jr., president and CEO of J.P. Morgan Delaware, made the presentation to University President David P. Roselle in a ceremony on the Newark campus. "J.P. Morgan is pleased to support the Fortune 2000 Program because its goal of increasing the number of minority business graduates who possess the qualifications to assume leadership positions in business contributes directly to Morgan's goal of enhancing ethnic diversity within our organization," he said. "Morgan has a strong commitment to developing minority talent, and we feel that our role as a Fortune 2000 Partner furthers that commitment," Field said. Roselle expressed appreciation to Field and the J.P. Morgan Delaware organization for the generous gift. "Morgan's support evidences its leadership position in the financial services industry and our community," he said. "This support will assist the University in meeting the needs of a culturally diverse student body, while increasing the number of minorities in the field of business." According to Terry M. Whittaker, assistant dean of the College of Business and Economics and director of Fortune 2000, "the program provides students with academic and career-related assistance, as well as motivational activities to ensure their successful matriculation, graduation and career placement." Morgan's contribution, which will be allotted over a six-year period, will support: * J.P. Morgan Delaware/Fortune 2000 scholarships totaling $20,000 annually. Scholarship recipients will be called J.P. Morgan Delaware/Fortune 2000 Scholars and will have the opportunity to intern with J.P. Morgan Delaware. * The Summer Academic Bridge Program, a five-week, residential program for African-American, Hispanic and Native American Indian students who have accepted admission into the University's College of Business and Economics. * The Pre-College Business Program, a year-round, pre-college academic enrichment and career development program for 9th- 12th grade minority students interested in business careers. Program participants also will have the opportunity to be interviewed for summer internships and part-time jobs at Morgan. In 1981, J.P. Morgan Delaware was the first bank to be established under Delaware's Financial Center Development Act. The company offers specialized lending to supplement J.P. Morgan & Co. Inc.'s business as global financial intermediary committed to serving the long-term interests of corporations, financial institutions, governments, private firms, non-profit institutions and a limited number of individuals throughout the world. The bank also provides a controlled check disbursement service, a significant component of Morgan's worldwide, cash-management services. In terms of total assets, J.P. Morgan Delaware ranks among the largest banks in the state. Also attending the check presentation from Morgan were Donald Brunner, senior vice president; Barbara Bates, Trentton Mack and Rudolph Weaver, vice presidents; Tameka Taylor and Aaron Marshall, both University alumni who serve as operations assistants; and Rene Culler, a human resources assistant at Morgan and a current student at Delaware. Present from the college were Kenneth R. Biederman, dean of the College of Business and Economics; James L. Butkiewicz, associate dean; and Whittaker. A luncheon was held after the ceremony, and several current students in the Fortune 2000 Program attended.