Messenger - Vol. 3, No. 3, Page D-4
Spring 1994
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
     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.