The Chantal and Tommy Bagwell Foundation has donated $2.25 million to the Michael J. Coles College of Business at Kennesaw State University to help launch a new center to study the economic and social factors that impact economic prosperity. Kennesaw State University and the donors have a shared understanding that academic freedom is paramount.
The Bagwell Center for the Study of Markets and Economic Opportunity is named in recognition of a $2.25 million contribution from longtime KSU donors Tommy and Chantal Bagwell, with an additional $1 million from the Charles Koch Foundation.
“We appreciate the generosity of our donors, in particular Tommy and Chantal Bagwell, who continue to demonstrate their dedication to education and Kennesaw State,” said Kathy Schwaig, dean of the Michael J. Coles College of Business. “We are committed to launching a center that will provide education and research opportunities for students and faculty in a context that encourages and welcomes the exchange of diverse ideas targeted at real-world challenges.”
One of the goals of the center is to provide opportunities for faculty and student research related to economic mobility and prosperity, entrepreneurship, and the impact public policies and market institutions have on economic outcomes. To support that, funding will provide 50 fellowships over the next five years for undergraduate student research.
The Bagwell family has a long history of philanthropy and service to Kennesaw State University, beginning in 1996 when Clarice Bagwell – Tommy Bagwell’s mother – gave a generous gift to name the Leland and Clarice C. Bagwell College of Education. Along with contributing millions of dollars to Kennesaw State over the past two decades, Tommy Bagwell has served on the KSU Board of Trustees for the past 12 years, and Chantal Bagwell also has served as a University trustee.
“Chantal and I are honored to continue our commitment to Kennesaw State University,” Tommy Bagwell said. “We can think of no more significant investment in a community than education. A good education is the key to people improving their social and economic mobility.”
The Chantal and Tommy Bagwell Foundation Inc. is sponsoring five Randolph County Middle School REACH students for the 2017-18 school year.
The students will go through a selection process to be chosen as a REACH Scholar. Those five students will receive a scholarship upon graduating from high school and enrolling in college.
The REACH Program is a needs-based scholarship that begins in the eighth grade. REACH Scholars are paired with mentors and an academic coach throughout high school. The students must maintain good grades, good attendance and graduate from high school to stay in the program.
Those who complete the program are awarded a $10,000 scholarship that can be used at any HOPE-eligible college in Georgia.
REACH Georgia Foundation received a $50,000 donation from the Chantal and Tommy Bagwell Foundation. REACH serves 69 school systems across Georgia and 685 scholars, committing over $6.85 million in scholarships. For the 2017-2018 school year, an additional 540 students will become REACH Scholars in over 100 school systems across the state.
The Chantal and Tommy Bagwell Foundation Inc. made a $4,000 donation to Wallace Community College-Dothan in support of the new 2 + 2 Poultry Production program. The program is presented in partnership with Auburn University.
The funds will be used to financially assist students achieve their educational goals through the Wallace Community College Foundation’s scholarship program. The first $750 scholarship was awarded to John Stevens, a Poultry Science major.
Young Life of Forsyth County received a $15,000 donation from the Chantal and Tommy Bagwell Foundation. Young Life is a non-profit organization that reaches out to middle school, high school and college students in communities across the United States and around the world. Young Life provides role models, safe activities and a sense of significance to these students.
The Chantal and Tommy Bagwell Foundation donated $100,000 to Supporting Adoption & Foster Families Together Inc. (SAFFT). SAFFT works to protect children, rebuild families and empower caregivers.
The Rotary Foundation received a $250,000 donation from the Chantal and Tommy Bagwell Foundation. The Rotary Foundation works with its more than 35,000 clubs to promote peace, fight disease, provide clean water, sanitation, and hygiene, assist mothers and children, support education and grow local economies.
The Chantal and Tommy Bagwell Foundation contributed $50,000 to the North Georgia Heart Foundation. The goal of the NGHF is “seeking a world without cardiovascular disease, starting right outside our backdoor. With the support of the community, NGHF will serve as a platform to work towards making a significant difference in the lives of those in the communities of north Georgia and apply that knowledge for a global benefit.”