CONTACT: Mark Wunder
Director of Development, College of Law
UI Foundation News
500 Levitt Center for University Advancement
Iowa City IA 52242
Phone: (319) 335-3305 or (800) 648-6973
Release: March 6, 2001
$250,000 gift to UI Law School creates two scholarship funds
IOWA CITY, Iowa -- A $250,000 gift to the University
of Iowa College of Law and the Iowa Law School Foundation will establish two
student scholarship funds. The gift is from 1957 law graduate Mark W. Putney
of Reno, Nev., and Carefree, Ariz.
The first scholarship has been named the Ray Ann Putney
Law Scholarship, honoring Putneys wife, who died in February 2000. The
merit-based scholarship will be awarded to a deserving first-, second-, or
third-year female law student. A second scholarship, to aid students demonstrating
financial need, has been named the Mark W. Putney Law Scholarship.
"I have always felt that the university contributed
a great deal toward my business and professional success," said Putney,
who also holds a B.A. degree in political science from the UI. "These
scholarships are a way of recognizing what the university has given to me."
Putney said it was fitting that his wife be commemorated
with an endowed scholarship at the UI. "Ray Ann felt that women could
do anything they wanted -- academically, professionally, on the athletic playing
field or socially to aid their communities. I am hopeful that her scholarship
will allow young women to fulfill their dream of a career in law."
Ray Ann Putney was an avid golfer and aviator, receiving
a pilots license in 1944. She served as an officer or director of several
charitable and social organizations in the Des Moines area, where the Putneys
lived for many years.
Mark Putney has long been one of the law schools
most loyal and generous alumni supporters, said N. William Hines, dean of
the college. "Marks recent gift goes a long way toward enabling
the best and brightest students to attend the UI law school. The quality of
our students plays a key role in ensuring that Iowa continues to be counted
among the nations best law schools."
A native of Gladbrook, Iowa, Putney retired in 1992
as chairman and chief executive officer of Midwest Resources Inc., now known
as MidAmerican Energy Company. He was a partner in Bradshaw, Fowler, Proctor
& Fairgrave, a Des Moines law firm, before joining Iowa Power and Light
Company as vice president and general counsel in 1972. An early and longtime
advocate of utility combinations, Putney was instrumental in the 1990 merger
of Iowa Resources and Midwest Energy Company into a new utility holding company,
Midwest Resources Inc.
Over the years, Putney has served as an officer and
director of numerous industry, corporate, civic and charitable organizations,
including, among others, the Association of Edison Illuminating Companies,
the Edison Electric Institute, the Des Moines Development Corporation, the
Greater Des Moines Committee, the Des Moines Metropolitan YMCA, the YMCA Boys
Home of Iowa, the Episcopal Diocese of Iowa, Iowa
Lutheran Hospital, the Herbert Hoover Presidential Library Association, Planned
Parenthood of Iowa, the United Negro College Fund and the Iowa Committee for
Support of the Guard and Reserves.
Throughout his career, Putney has maintained close
ties to the University of Iowa. A lifetime honorary member of the UI Foundations
board of directors, a class agent for the Law Class of 1957 and a member of
the College of Law Deans Club, Putney was awarded a Distinguished Alumni
Achievement Award by the University of Iowa Alumni Association in 1995. He
is a member of the Alumni Associations Old Capitol Club and the Presidents
Club, the UIs honor club recognizing its most generous contributors.
The Putney gift is part of the Iowa Law School Endowment
Campaign for the 21st Century, which continues to progress toward its $25
million goal. The Iowa Law School Foundation has made the endowment of scholarships
a central priority in the law school endowment campaign.
The UI Foundation, the universitys comprehensive
fund-raising organization, is the preferred channel of support for contributions
to all areas of the university, including the Iowa Law School Foundation.
UI Foundation staff work with alumni and friends to generate funds for scholarships,
professorships, facilities improvements, equipment purchases, research and
other UI initiatives.