ATHENS, Ohio (July 14, 2004) -- Coming in as the final donors to Ohio University's successful Bicentennial Campaign, which concluded June 30, Ralph and Luci Schey, of Gates Mills, Ohio, committed $1 million to the College of Business. Ralph Schey is a former Ohio University trustee (1987-1996) and is a trustee emeritus of The Ohio University Foundation Board (1976-1994). He received the Foundation's highest honor, the John C. Baker Award, in 1999; the university's Medal of Merit in 1982; and the College of Business Award for Achievement in 1984. Luci Schey is a current trustee of The Ohio University Foundation. The Scheys' gift took the campaign total to $220 million, 10 percent beyond the university's $200 million goal.
Ralph Schey earned his bachelor's degree in commerce from Ohio University in 1948, his master's in business administration from the Harvard Business School in 1950, and an honorary doctorate from Ohio University in 1987. He is the chairman of the board of Primus Venture Partners, a partnership he organized in 1984 to invest in companies in the health care, information technology, retail and financial service industries. He retired as chairman and CEO of Scott Fetzer Company in 2000 and is currently chairman of The Ralph and Lucille Schey Foundation. He is an emeritus trustee and former chairman of the board of the Cleveland Clinic Foundation and in 1998 received its highest honor, the Distinguished Fellow for Life. He is finishing his term on the Ohio Board of Regents. Luci Schey serves as an officer and trustee of The Ralph and Lucille Schey Foundation. She also serves as trustee for the Musical Arts Association, Playhouse Square Foundation and the Cleveland Play House Foundation and is presiding president of the Cleveland Women's Golf Association.
"Ralph and Luci have demonstrated a deep commitment to quality in education by being generous with their time and their resources in support of Ohio University," said Ohio University College of Business Dean Glenn Corlett. "However the Scheys choose to direct their most recent gift to the college, it will support additional opportunities for engaged and active learning."
Prior to making this $1 million commitment, the Scheys had made gifts to Ohio University totaling more than $1.2 million. In 1973, Ralph Schey coordinated the establishment the Scott Fetzer Entrepreneurial Marketing Endowment at Ohio University, a fund to which about $140,000 has been contributed. In 1986 the Scheys established an endowed fund in the College of Business to which they have committed more than $600,000. In addition to their gifts to the College of Business, the Scheys have made generous gifts to the Charles J. Ping Center for the Teaching of the Humanities, Intercollegiate Athletics and the Brandon T. and Ann O. Grover Lecture Series in the College of Health and Human Services.
The Bicentennial Campaign, which kicked off in November 2000 and concluded June 30, celebrated the University's 200th anniversary and is providing money to support students and faculty, technological enhancements, innovative programs and select capital improvements. The largest fund-raising effort in the history of the institution, the campaign exceeded its $200 million goal, raising $220 million in support of the university.
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Media Contacts: College of Business Assistant Dean for Development Mary Strother, (740) 593-2492, or Director of Development Communication Jennifer Bowie, (740) 597-1739
Note to media: Photos of Ralph and Luci Schey are available online at: