NEW YORK (September 13, 2023) – As part of a three-year agreement, RIMS, the risk management society®, has invested more than $200,000 in the Spencer Educational Foundation to support undergraduate risk management course development at higher education institutions across the United States. RIMS full $250,000 multi-year commitment to Spencer will be fully funded by the close of 2023.
To date, 14 higher education institutions have demonstrated a commitment to advancing undergraduate risk management academic programs and were awarded Spencer grants funded by RIMS. The institutions that received the grants include:
- Bradley University
- Brenau University
- Fisk University
- Mercy College
- Le Moyne College
- Stonybrook University
- Temple University
- Milwaukee School of Engineering
- New York University
- University of Cincinnati
- University of the District of Columbia
- University of Houston – C.T. Bauer
- University of Nevada-Reno
- York University
“The future of business hinges on talented and bright risk management students to graduate with the skills to tackle adversity and the knowledge to drive organizational success,” said RIMS CEO Gary A. LaBranche, FASAE, CAE. “RIMS is committed to empowering risk professionals at all stages of their careers. The Society is proud to support Spencer, and subsequently the participating higher education institutions, to strengthen curricula and deliver greater opportunities for tomorrow’s risk leaders.”
”We are so grateful for RIMS’ long-time support and partnership, which has been baked into Spencer’s success since our founding in 1979,” said Spencer Executive Director Megan Miller. “It is a privilege to work with the RIMS team and other partners who truly understand how critical it is to drive more students into risk professions by funding relevant coursework.”
Higher education institutions interested in learning more about Spencer Educational Foundation grants, students interested in scholarships, and business leaders considering developing risk management internship opportunities should visit www.spencered.org.
RIMS, the risk management society®️, empowers risk professionals to make the world safer, more secure, and more sustainable. Through networking, professional development, certification, advocacy, and research, RIMS and its 80 chapters serves more than 200,000 risk practitioners and business leaders from over 75 countries. Founded in 1950, the Society publishes the award-winning Risk Management Magazine and produces RISKWORLD®️, the largest annual gathering of global risk professionals. RIMS embraces diversity, equity and inclusion and welcomes all risk professionals to connect and learn, explore the online Risk Knowledge library, tune into the RIMScast podcast series, and engage via LinkedIn, Twitter, and Facebook. To learn more, visit www.RIMS.org.
About the Spencer Educational Foundation:
The Spencer Educational Foundation is a 501(c)(3) nonprofit organization funding the education of tomorrow’s risk management and insurance leaders through scholarships, grants, internship opportunities, on and off campus experiential learning, and support of risk management/insurance curricula. Since Spencer was founded in 1979, we have awarded nearly $9 million in scholarships and over $8 million in grants to universities and professional institutions impacting an estimated 70,000+ students through our programming. For more information, please visit us at www.spencered.org.
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