The Associated Press
Chatham Pair Gives $2 Million To Penn State

STATE COLLEGE, Pa. -- The president of Pennsylvania State University's Board of Trustees and his wife have donated $2 million toward construction of a new building to house the university's Smeal College of Business Administration.

Penn State officials announced the gift from Edward R. and Helen Skade Hintz of Chatham, N.J., yesterday. Construction on the $68 million building is scheduled to begin in September.

"Ed and Helen Hintz continue to astound Penn State with their generosity," Penn State President Graham B. Spanier said. "They have touched the lives of students, faculty and other alumni in extraordinary ways and serve as a shining example of the impact that alumni can have on the entire university community."

The couple have made numerous philanthropic contributions to Penn State, helping to fund the Hintz International Scholars Program in the business college and the Hintz Family Alumni Center on campus. They also have established endowments to support faculty and students in the College of Health and Human Development, the School of Music and the Penn State-Berks campus in Reading.

Ed Hintz is president of the money management firm Hintz, Holman, and Robillard Inc., and a 1959 graduate of Penn State with a bachelor of science in finance. He was elected to the board of trustees in 1994 and has been president of the board since 2001.

Helen Hintz graduated from Penn State with a B.S. in consumer services in 1960.

Copyright 2003 Associated Press

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REPORTERS & EDITORS: For more information, please contact Wyatt DuBois in the Smeal College of Business Media Relations Office at 814-863-3798 or wed112@psu.edu .

Penn State's Smeal College of Business offers highly ranked undergraduate, MBA, executive MBA, Ph.D., and executive education opportunities to more than 5,500 students at all levels. Featuring academic departments of accounting, finance, marketing, insurance and real estate, management, and supply chain and information systems, the college is also home to major research centers such as the Center for Supply Chain Research, the Institute for the Study of Business Markets, the eBusiness Research Center, the Farrell Center for Corporate Innovation and Entrepreneurship, the Center for Global Business Studies, and the Center for the Management of Technological and Organizational Change.

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