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Release: Immediate

UI business students toss briefcases for charity in fundraising event April 18

IOWA CITY, Iowa -- A team of University of Iowa business students will be competing in events such as the "briefcase toss" and running an obstacle courses in business suits Saturday,

April 18 in Austin, Texas as part of a good-natured, olympic-style contest that caps a year-long initiative to raise money for charity.

The four students in the master of business administration (MBA) program at the UI College of Business Administration will take part in finals of the Central Charity Challenge on the campus of the University of Texas at Austin. The challenge is a consortium of business schools in the central region of the United States that use a friendly rivalry to motivate each other to help local charities.

MBA students Tyler Woods, Matthew Lubaroff, Jackie Husted, and Laura King-Cipriano will represent the UI in the finals. They will compete against teams from the University of Arizona, Arizona State University, Texas A&M, Southern Methodist University, Indiana University and the host school, Texas-Austin.

The activities for the challenge begin the evening of Friday, April 17 with a reception and dinner for the participants. Festivities wrap up Sunday, April 18. The competition -- featuring seven or eight events that often poke fun at the image of business students -- will be April 17.

As part of the competition, students in local MBA groups raised money for charity through their own events, and completed community service during the academic year in order to earn points toward a year-end total. UI students volunteered at the annual Hospice Road Races last fall, participated in Big Brothers/Big Sisters' "Bowl for Kids' Sake," and held clothing and food drives.

Woods says the charity work is an important, but often overlooked, aspect of business education.

"MBA students will be the business leaders of the future and because of that, we will also be community leaders of the future," Woods says. "Too often, the stereotype of business students is that we're only concerned about the bottom line. This is a good way for us to show that business students are also concerned about their local communities."

The designated charity for this year's Central Charity Challenge is the Inner-City Games Foundation. One-half of the proceeds raised by the challenge go to the national organization; the other half goes to local charities selected by the participating teams.

The schedule of events includes a "briefcase toss" in which students are judged on the distance and accuracy with which they can hurl a briefcase.

The "obstacle course" competition includes steps such as "Dress for Interview," in which students must "put on a two-piece suit and grab a briefcase." At the "Prepare for Interview" stage, students must "load briefcase with dirt (BS) for interview."

Other events include volleyball, tug-of-war, three-on-three basketball, egg toss, knowledge bowl and bat spins.

For more information, visit the Central Charity Challenge website at