Special to SABEW
NEW YORK, Sept. 24, 2013 – The Harold W. McGraw, Jr. Family Foundation announced a gift of $3 million to endow a Center for Business Journalism named in McGraw’s honor. The Harold W. McGraw, Jr. Center for Business Journalism at the City University of New York Graduate School of Journalism will be designed to improve coverage of business and economic issues.
The gift will be used to establish the Center in 2014 and endow it in perpetuity, The Harold W. McGraw, Jr. Family Foundation announced today. Activities of the Center will include providing fellowships to professional journalists, scholarships to students, and hosting an annual symposium.
“Steve Shepard and the faculty of CUNY have developed a world-class graduate journalism program. It is an ideal setting for the McGraw Center for Business Journalism,” said son Robert McGraw.
The endowed gift will support several activities, including:
McGraw Fellows – The Center will fund professional journalists to report and write on story ideas at the Center. Stipends will be provided for three to six months and the distinguished pieces of long-form journalism will be published on the Center’s web site or in collaboration with media partners.
McGraw Scholarships and Internships – Scholarships will be provided each year for five students, selected by the School, who choose to concentrate in business reporting. Four students a year – also selected by the School – will receive stipends while undertaking a summer internship in business journalism.
Annual McGraw Symposium – The Center will hold a major conference each year on a topic important to business journalists with compelling speakers and a distinguished audience of business writers and editors.
McGraw Seminars for Business Journalists – The Center will provide networking and educational opportunities by holding seminars on select topics in business reporting and digital distribution.
