The William G. McGowan Charitable Fund has established a scholarship program designed to support and inspire emerging leaders to make ethical and societal concerns part of their ongoing corporate ethos. The McGowan Fund is partnering with 10 top MBA programs across the US to award 10 full tuition scholarships for the second year of the MBA program to students who have demonstrated academic excellence and social leadership in their first year of MBA candidacy.

The inaugural class of McGowan Fellows will be announced in July 2010, in advance of the 2010-2011 academic year. McGowan Fund Executive Director Diana Spencer said, “This unprecedented program seeks to support future leaders who can influence their companies to advance a financially-viable environmental and societal agenda. Against a backdrop of failed pension funds, the mortgage debacle and widespread job loss, it is crucial that top business leaders win for their companies and also for society as a whole.”

The initial class of 10 McGowan Fund Fellows will be selected from Carnegie Mellon Tepper School of Business; Columbia University Graduate School of Business; Duke University Fuqua School of Business; Georgetown University McDonough School of Business; MIT Sloan School of Business; Northwestern University Kellogg School of Management; Dartmouth College Tuck School of Business; University of Chicago Booth School of Business; University of Michigan Ross School of Management; and University of Pennsylvania Wharton School of Business.