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New MBA Scholarship is a Perfect Fit

  • Apr 1, 2015
New MBA Scholarship is a Perfect Fit

Loyal and long-time Ivey supporters, Maria Smith & Eric Tripp, MBA '83, recently made a donation of $500,000 to establish The Eric Tripp and Maria Smith MBA Scholarship.

The gift not only fits with the needs of the School, but it's a perfect fit with their own personal goals.

Eric and Maria were one of the first to support the MBA Scholarship Matching Program, a recent initiative undertaken by Ivey to increase the financial support provided to MBA students. MBA scholarships are a top strategic priority for Ivey and through this program donors are able to increase their financial support and have a greater impact on the School.

Scholarships are a critical tool to ensure the best and brightest candidates choose Ivey. "We are delighted to further our support of Ivey," Eric and Maria said. "Ensuring access to such a world-renowned business program for those with financial need is well aligned with our overall approach to philanthropy."

Their generous gift is in addition to their prior support of more than $250,000, bringing their total investment in the School to over $750,000. The couple's past giving includes a gift of $150,000 to the new Ivey building, a $50,000 gift to name the Eric Tripp Discussion Room at the new Toronto Campus and more than $50,000 directed to Eric's MBA '83 reunion giving campaigns.

 Eric recently celebrated his retirement from BMO Financial where he held increasingly senior positions, his final role being President, BMO Capital Markets. In addition to their personal giving, Eric played an integral role in raising funds for Ivey's new building through the solicitation of his fellow BMO Ivey alumni. Through this initiative, BMO raised $450,000.

Passionate about Ivey and giving back to the School, Eric and Maria are hopeful that their gift will inspire others to consider giving back. "We encourage all alumni to support Ivey in any manner that suits their own approach to giving back."