Categories: OLD Media Moves

McGraw family funds biz journalism center at CUNY

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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Steve shepard says:
September 24, 2013 at 1:45 pm
The McGraw Center for Business Journalism will support several professional journalists a year who wish to spend three to six months reporting and writing significant pieces of long-form journalism about business or economics topics. The Center will work with select media partners to publish the stories, as well as posting them on the Center's web site.
In addition, the grant will provide scholarship support to several students a year who choose the CUNY J-School's business reporting program and provide stipends for students undertaking business reporting summer internships at media companies. Finally, the Center will host an annual symposium on an important topic in business journalism.