Rady School at UC San Diego Recognizes Betty and J. Robert Beyster as Founder-Level Donors
SAIC Founder Supports Innovation-Driven Programs at the Rady School of Management
Media Contact: Keri Peckham, 858-534-0855 or kpeckham@ucsd.edu
October 1, 2007
The Rady School of Management at the University of California, San Diego today announced that Betty and J. Robert Beyster of La Jolla are now founder-level donors for the school. The Beysters have invested in the Rady School on several occasions in recent years, with their cumulative giving establishing them as founders, a designation for those who have given $5 million or more to support the school.
Grants from the Beyster Family Donor Advised Funds have provided substantial support for the Rady School. Most recently, a $2 million grant to name the auditorium in Phase II of the Rady School campus was committed by the Beyster Family Funds. SAIC also gave $4 million to the Beyster Institute at the Rady School, in Dr. Beyster’s honor, upon his retirement as chairman of the company’s board of directors.
‘The integration of the Beyster Institute into the Rady School was a perfect fit for this campus, which prides itself on both its interdisciplinary ethos and community partnerships,” said UC San Diego Chancellor Marye Anne Fox. “We are thankful for the generous contributions of the Beysters, who have provided support for the Rady School on several occasions.”
‘The Rady School is committed to providing the best facilities and resources for our students, faculty and staff,” said Rady School Dean Robert S. Sullivan. ‘The Beyster gifts allow the school to continue to grow its programs, having an impact both locally and globally.”
‘I am looking forward to the Rady School of Management setting a new standard of training and education for the next generation of science and technology entrepreneurs,” said J. Robert Beyster. ‘We are happy to support the Rady School and the Beyster Institute.”
J. Robert Beyster holds a Ph.D. in engineering and physics from the University of Michigan. He founded Science Applications International Corporation (SAIC) in 1969.Dr. Beyster is the former chairman and CEO of SAIC, which today employs more than 44,000 people and has annual revenues of more than $8 billion. Through the Foundation for Enterprise Development, Dr. Beyster co-authored a recent book entitled ‘The SAIC Solution: How We Built an $8 Billion Employee-Owned Technology Company,” in which he outlines the key principles and practices of growing the largest employee-owned research and engineering company in the nation. The Beyster Institute was established in 1986 and it became part of the Rady School in 2004. It serves as the school’s key center for entrepreneurial thought and activity. It is the only such university-based center to integrate both employee ownership and entrepreneurship.
The Rady School has raised more than $78 million in gifts since its founding four years ago. Private support has allowed the school to build new facilities, provide fellowship funding for students, support endowed chairs for faculty and expand program offerings. Other Rady School founders include Tanya and Charles Brandes, Roberta and Malin Burnham, Pauline and Stanley Foster, Joan and Irwin Jacobs, Evelyn and Ernest Rady and the Rady Family Foundation and Carol and Bill Stensrud. Each invested substantially to support Rady School initiatives.
The Rady School of Management at UC San Diego educates global leaders for innovation-driven organizations. A professional school within one of the top-ranked institutions in the U.S. for higher education and research, the Rady School offers a Full-Time MBA program, a FlexMBA program for working professionals, undergraduate and executive education courses. Our lineage includes 16 Nobel Laureates (former and current faculty) and eight MacArthur Foundation award recipients. The Rady School at UC San Diego transforms innovators into business leaders.