June 12, 2020 – The Council for Advancement and Support of Education (CASE) has announced that the Michigan Ross Give-A-Day Fund has received a Circle of Excellence Award for its work in funding impact interns. The Council for Advancement and Support of Education is the global non-profit association dedicated to educational advancement—alumni relations, communications, development, marketing, and advancement services—who share the goal of championing education to transform lives and society.
The CASE judges praised and felt the hallmark of this entry was its innovation. While a giving day itself is rather common in the sector, they felt that the Michigan Ross students took the idea to a new level. The judges felt the concept of asking higher-paid interns giving a day of salary to classmates interning with an impact organization providing little to no salary was a one-of-a-kind initiative. They felt the ROI was commendable and liked how the concept likely results in larger gifts and sets precedent for students following graduation in relation to giving.
Launched in 2012, the Give-A-Day Fund at the University of Michigan’s Ross School of Business is a first-of-its-kind initiative among U.S. business schools. The Give-A-Day Fund engages Ross MBAs with the social impact community by providing financial assistance to students interning with impact organizations, which often provide interns with little to no salary. As its name implies, higher-paid MBA students are asked to donate a day of their summer internship salary to make this support to their peers possible.