UGA College of Pharmacy students experiencing a financial hardship may be eligible to receive needed support from the Molly and Max Blank Student Enrichment Endowment. This fund was established at the college from a $1 million gift from the Molly Blank Fund, a part of the Arthur M. Blank Family Foundation, to help alleviate financial burdens that may impede pharmacy students in need from entering or completing their studies. In turn, these students can give back to society by using their acquired knowledge to serve the health care needs of others.
Blank, who is chairman of the foundation, co-founded The Home Depot, the world’s largest home improvement retailer, in 1978 and retired from the company as co-chairman in 2001. Through the foundation and his family’s personal giving, Blank has granted more than $300 million to various charitable organizations.
The Blank’s gift to the College of Pharmacy honors their family members who have had careers in the pharmaceutical industry. Max Blank, Arthur’s father, was a pharmacist in New York, and Arthur’s brother, Michael, is a retired consultant from the generic pharmaceutical industry.
“My brother Michael and I are pleased to be able honor our mother’s legacy through a gift to the Pharmacy School at the University of Georgia from the Molly Blank Fund,” said Blank. “It is very appropriate that this endowment is named for our father and mother, as they were both deeply engaged in the pharmacy business. Our parents would have been gratified to support students who face financial challenges as they endeavor to be pharmacists.”
“Support from organizations such as the Arthur M. Blank Family Foundation is key to our mission to support the welfare of our students,” said Kelly M. Smith, dean of the College of Pharmacy. “We thank the Blanks for their contribution, especially on behalf of the students who will be the beneficiaries of their generosity.”