Alumni Honor Impact of GSU Education With Successful Challenge Grants
The initial challenge for T. Dallas Smith, B.B.A. '86, was staying enrolled at Georgia State University. He was already making a living in commercial real estate in 1983 and wore a suit to Professor David J. Schwartz's marketing class.
Dallas's successful career in commercial real estate that unfolded from that single class led to his recent challenge to fellow J. Mack Robinson College of Business alumni: If a GSU faculty member changed your life, honor that by making a donation - and he will match it. Dallas promised to match donations up to a total of $12,500.
Both challenges were issued through the GSU Student Call Center, where students reach out by phone on weekday evenings with requests and opportunities for support.
The Smith and Crawford challenge grants leveraged the passion and value these alumni have for the knowledge and contacts gained through a GSU education.
"I was challenged by the faculty and learned from my classmates," says Charlie, the president, CEO and chairman of Private Bank of Buckhead. "My career was enhanced because of this educational pursuit. The journey of balancing my GSU education along with my family and career responsibilities simultaneously gave me great confidence that I could successfully complete any challenge that I embraced."
Funds from the challenge grants will provide scholarship and financial aid to students. The challenge grants also support funding of resources such as the Career Management Center, which provides students and young alumni with career planning services and workshops.
Alumni gifts also allow students to participate in national competitions, internships, study abroad and other travel opportunities. This support also funds the Robinson College of Business Honors Mentoring Program, which pairs business leaders such as Dallas and Charlie with honors students to prepare them for global business challenges.
"I feel great about being able to give time and dollars back to Georgia State and I wanted to encourage others to do the same," Charlie says.
"In 1983, I was making money in commercial real estate and didn't think I needed school," Dallas says. "Everyone either loved or hated Schwartz, and I found that to be intriguing. When he walked into the lecture hall filled with 200 of us students and put his unfiltered Marlboro under the ‘No Smoking' sign, I knew this guy was unlike any professor I had ever had."
Schwartz ran his marketing classes like a corporation with a budget of grades, not money. The final involved a presentation "of how you will make a living the rest of your life," Dallas says. "The rest of the class was the board of directors and stockholders, and it was up to them to shoot holes in the presentation."
Dallas ended up taking all eight classes taught by Schwartz and making As - even though Schwartz only gave one A per class. After GSU, Dallas built a career of structuring and closing real estate transactions. He has negotiated more than 1 million square feet of commercial property, 5,000 acres of land acquisitions and 125 leases valued at more than $200 million.
He was the first African American to work with the noted firm Cushman & Wakefield and the only nonwhite student in Schwartz's class in 1983. Schwartz taught him all the skills to further stand out in business, and Dallas relies on that knowledge today.
"He changed my life," Dallas says. "There's not a day that goes by that I don't think of him. I wanted to figure out how to honor that, and I felt that other alumni might feel that way about other professors who had helped them. A challenge grant is a great platform for a person to give back."
Students Acknowledge Influential Educators
Last week, Dallas, who also serves on the GSU Foundation board, visited the call center to thank students. He also asked the students the question they had been asking Robinson alumni: Did you have a memorable professor during your time at Georgia State?
Challenged by Dallas's question, several of the student callers named professors who had influenced them.
Deborah Robbe, instructor in the Cecil B. Day School of Hospitality Administration, "doesn't just teach, but she lets us learn by doing by planning big events," senior business major Robert Truitt says. "And she's kind of funny, too."
Susan Laury, associate professor of economics in the Andrew Young School of Policy Studies, "teaches intermediate microeconomics, and the class is kind of tough," economics junior Cory Wade says. "It's the knowledge that I need, and she gets you going."
Jeanne G. Bohannon, a doctoral student in English who teaches composition and rhetoric, "taught me that if there is something I am passionate about, I should be an advocate and give a voice to the voiceless," says Miranda Densley, a student in the Byrdine F. Lewis School of Nursing and Health Professions.
For Donors, an Investment with a Big Return
To Charlie, a challenge grant seemed a fitting incentive to the EMBA community, appealing to their appreciation for leveraging value. For every dollar they put up, he matched - up to $5,000.
"I compare it to when a company like our bank matches our employees' 401K contribution, dollar for dollar," says Charlie, past winner of the Robinson Alumni Award for Entrepreneurship. "By definition, a challenge grant has the benefit of a multiplier effect."
That appeal held true for donors, says student caller Mykel Kennedy, a junior journalism major at GSU.
"People are more and more willing to give if they feel their money is getting doubled, or even tripled if their company offers matching funds," she says. "It's an easier call when their $50 will become $100 or even $150."
Inspired by Dallas and Charlie's Challenges?
To learn more about how you can support the future of GSU students and programs, contact Natalie Baker at 404-413-3425 or email@example.com.
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.