With a $3 million gift from the Harold W. McGraw Jr. Family Foundation, the City University of New York’s graduate school of journalism will get a center for business journalism, reports Melanie Grayce West of The Wall Street Journal.
West writes, “The Harold W. McGraw Jr. Center for Business Journalism at CUNY will create a fellowship program, scholarships, internships, seminars and an annual symposium for business journalists.
“Stephen Shepard, the founding dean of CUNY’s graduate journalism school, will oversee the development of the center’s programming. Mr. Shepard was the former editor in chief of BusinessWeek, when it was a publication owned by McGraw-Hill, and he is a friend of the family, according to Mr. McGraw. The McGraws wanted to make the gift before Mr. Shepard steps down as dean of the school later this year.
“”The late Mr. McGraw was a strong believer in the ‘whole art of journalism,’ said Mr. McGraw. ‘To be able to make a difference in some other people’s lives in his name is pure joy for me and my brother and sister.'”
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