WCE Student Klam Commits to Gift Annual Scholarship

Published on October 15, 2008
A Good Investment. Marketing and entrepreneurship senior Danny Klam is investing in future generations of students in the Wolff Center for Entrepreneurship.

A Good Investment. Marketing and entrepreneurship senior Danny Klam is investing in future generations of students in the Wolff Center for Entrepreneurship.

As many students approach graduation, they are consumed with printing résumés, building portfolios and extreme job hunting. But for marketing and entrepreneurship senior Danny Klam, who already has a growing business, giving back to UH Bauer College tops his “to-do” list.

Klam is a student in the Cyvia and Melvyn Wolff Center for Entrepreneurship, which was recently ranked the No. 1 undergraduate entrepreneurship program in the nation byThe Princeton Review and Entrepreneur magazine. The news of the ranking inspired him to commit to fund an annual scholarship for students in the program before beginning his application for graduation.

“Why not now?” Klam said. “Since we are No. 1 in the nation, it’s a way to promote a student who is a part of the program. I wanted to do something now rather than say I would later and never do it.”

The scholarship will be in the name of the company Klam owns and operates with his cousin, Simply Splendid Donuts and Ice Cream. Klam will gift $1,200 dollars each year that will be awarded to a student during their first year in the WCE program.

The first recipient will receive the scholarship in Spring 2009, the same semester that Klam will receive his diploma. “I hope this will light the fire for those alumni of the program,” Klam said. “Being No. 1 is a monumental step not only for WCE students, but for Bauer College to be the premier business school in the fourth largest city in the nation.”

Klam plans for the scholarship to grow, but also hopes to have other scholarships or endowments in his name in years to come.

“Danny’s gift and thoughtfulness is an inspiration to us and to others,” said Sharon Lutz, the corporate director of development. “His commitment to obtain his own education and to ensure others have the opportunity as well is a testimony to his fortitude. The fact that he recognizes the need to help others now, while he himself is a student, is truly commendable.”

For more information about Danny Klam’s scholarship and other scholarships available to UH Bauer students, contact Scholarship Program Coordinator Christine Abbott by phone at 713-743-6706 or email, cnabbott@uh.edu.

By Hannah Eastham

About the University of Houston

The University of Houston, Texas’ premier metropolitan research and teaching institution, is home to more than 40 research centers and institutes and sponsors more than 300 partnerships with corporate, civic and governmental entities. UH, the most diverse research university in the country, stands at the forefront of education, research and service with more than 35,000 students.

About the Bauer College of Business

The C.T. Bauer College of Business has been in operation for more than 60 years at the University of Houston main campus. Through its five academic departments, the college offers a full-range of undergraduate, masters and doctoral degrees in business. The Bauer College is fully accredited by the AACSB International – the Association to Advance Collegiate Schools of Business. In August 2000, Houston business leader and philanthropist Charles T. (Ted) Bauer endowed the College of Business with a $40 million gift. In recognition of his generosity, the college was renamed the C.T. Bauer College of Business.