A Green Day for Mizzou
Enterprise gives unrestricted gift of $2 million to MU.
Despite the cold spring rain, Chancellor Brady J. Deaton described April 23 as “a green day for Mizzou” — green like the logo of the car rental company Enterprise, green like the color of the $2 million unrestricted cash endowment gift Enterprise gave to MU and green like the sustainability initiative the gift will fund.
Founded in St. Louis in 1957 with two employees and seven cars by Jack Taylor, Enterprise Holdings has strong ties to Missouri and is developing even stronger ties with each graduating class.
With more than 600 graduates working at Enterprise — 15 alumni in the marketing and communications department alone — Mizzou provides Enterprise with more employees than any other higher education institution in the world.
“It’s good to be back home,” said Chief Marketing and Communications Officer Patrick Farrell, BJ ’77, who was instrumental in strengthening the partnership between Mizzou and Enterprise, an assignment he happily accepted. “It’s important for me to stress the fact that [MU has] helped our business along the way. It’s a relationship that is two‐way. It’s not just us reaching out to the university with a gift. It’s actually the university reaching back to us in support of us, through a corporate account and through our employees, as well.”
Other MU alumni in leadership positions at Enterprise include:
- President and COO Pam Nicholson, BS HES ’81;
- Executive Vice President and CFO William Snyder, BS BA ’72, MS ’75;
- Director of Corporate Communications Laura Bryant, BA, BJ ’80; and
- Director of the Taylor Family Office James Mann, BJ ’77.
The importance of talent at the top was emphasized by Carolyn Kindle, vice president and executive director of the Enterprise Holdings Foundation, the philanthropic arm of the company. “In order to remain successful, our company needs the best and brightest people in leadership roles,” Kindle said. “The University of Missouri helps us meet that need. … We view [this gift] as an investment that will benefit not only the students and the university but every person, institution and company like ours that is touched by Mizzou.”
MU will use the rare unrestricted cash gift of $2 million — more than 97 percent of MU’s endowment is restricted for a specific use or program — to create an endowment to support the Mizzou Advantage Sustainable Energy initiative.
“This gift will advance our mission by funding collaborative and innovative research and educational opportunities,” said Deaton, citing the Interdisciplinary Plant Group, the research reactor, the biomass boiler at the Power Plant and Shibu Jose’s research on sustainable ecology. “This gift shows how Enterprise recognizes what Mizzou can do and do very well. The gift is fundamental to the core of our strategic plan, which is based on Mizzou Advantage. We’re working across disciplines in this respect to address real‐world issues.”