Taylor gift revs up scholarship fund
November 17, 2011
By: Kim DeVigil
University of Denver alumni Andy and Barbara Taylor have announced a gift of $5 million, which will be added to the already-established Taylor Scholarship endowment of $1 million.
The gift will provide scholarships to foster diversity among undergraduate students attending DU’s Daniels College of Business. The University has matched the new gift, bringing the total Taylor Scholarship fund to $11 million.
Andy Taylor, chairman and CEO of Enterprise Holdings — parent company of the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands — and his wife, Barbara, are long-time Daniels supporters. Enterprise Holdings has provided internship opportunities for Daniels students, supported service projects and sponsored events. In May 2011, Andy Taylor gave a Daniels College of Business Voices of Experience keynote, and in 2007, he spoke at DU’s Alumni Symposium.
“Barbara and I believe it our responsibility to ensure that Daniels continues to provide opportunities to the best and brightest students regardless of need or background,” Andy Taylor says. “These scholarships will open doors for students who otherwise couldn’t afford a DU education.”
Daniels Dean Christine Riordan notes that the gift will help Daniels recruit top students from diverse backgrounds, regardless of their financial need, and help many deserving students achieve their educational goals.
“The Taylors’ gift will not only help educate the next generation of ethical business leaders, but will help Daniels further develop as a community of choice where ideas, diversity, and strong relationships enhance lives,” Riordan says. “Andy and Barbara share our belief that providing tomorrow’s business leaders an ethics-based business education is important — now more than ever.”
For the upcoming academic year, Daniels has awarded 35 Taylor scholarships with plans to award additional scholarships.
With annual revenues exceeding $14 billion and more than 70,000 employees, Enterprise Holdings operates more than 1 million cars and trucks, making it the largest car rental service provider in the world measured by revenue, employees and fleet. Enterprise Holdings currently is ranked No. 16 on Forbes’ “Top 500 Private Companies in America” list.