The Kent T. Healy Fund, Inc., a group of active and retired railroad executives, has set out to "stimulate interest in and knowledge of transportation, with particular reference to railroads, and to encourage young men and women to choose careers in transportation, particularly railroad man-agement and engineering," according to Downing B. Jenks, president of the Fund and former President of Missouri Pacific Railroad. One of the gifts that launches the program is $10,000 from the Kent T. Healy Fund, and the other is $300,000 in the form of a charitable remainder trust from Mr. Jenks, his wife, and his children.
The program based at Penn will be called the Kent T. Healy Memorial Fund and will be guided jointly by the University's three UPS Transportation Professors and by the advisory committee of the original Healy Fund, Inc. Activities are expected to include academic symposia, conferences, industry-university workshops, internships, scholarships and fellowships programs, among others.
The Kent T. Healy Fund, Inc., was formed in 1985 by alumni of the late Professor Kent T. Healy of Yale University, to honor their professor and mentor and to continue his work in preparing students for careers in transportation. "Professor Healy's graduates have had a major impact on the industry and have included 30 presidents and vice presidents of railroads and railroad suppliers,"said Dean Gregory Farrington of SEAS in acknowledging the gift. One of Professor Healy's graduates is Dr. Edward Morlok, UPS Foundation Professor of Transportation at Penn and Vice President of the Healy Fund, Inc. He worked with other Fund trustees to create the program "to give permanence to Professor Healy's legacy and his students' goals," Dean Farrington said.
-- From a News Release of Penn News & Public Affairs
April 2, 1996
Volume 42 Number 26
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