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University of Iowa News Release


Jan. 25, 2007

UI Business Students To Build Habitat For Humanity House

University of Iowa business students are leading an effort to honor the benefactor of the Henry B. Tippie College of Business on his 80th birthday this week by building a home for Habitat for Humanity.

"The students, faculty and staff in the college of business wanted to collectively do something together to thank Henry Tippie for all that he has done for the university and the college," said Molly Carpenter, a senior accounting major and Beta Alpha Psi honorary accounting society member who is organizing the 'House That Tippie Built' homebuilding effort.

The students are currently in the process of raising the $50,000 needed to build a home with Habitat for Humanity and expect to begin construction in early April, Carpenter said. Money is being raised in various ways, including corporate sponsorships from local businesses, and contributions from friends and family.

The students are also selling a line of clothing, dubbed TippieWear, that features an embroidered logo of the Tippie College of Business, with the proceeds going to Habitat's homebuilding fund. The clothing can be purchased online or at the IMU bookstore, she said, and it soon will be available at the Hawk Shop.

Carpenter said donors can also buy a Tippie House for $5.

"Henry Tippie's first contribution to the University of Iowa was $5, so in tribute to his ongoing generosity, we're collecting $5 donations to support the Habitat for Humanity house," said Carpenter. Those who contribute are recognized by having a house-shaped sheet of paper with their name on it hung from the walls in the Pappajohn Business Building. Donations are being accepted outside Pat's Diner on the first floor of the Pappajohn Building.

Carpenter said the students decided to work with Habitat for Humanity because they know the organization will put the money to good use locally to help make a family's life better.

"Habitat for Humanity is well-known as an outstanding organization and we know they will use our contributions well," she said.

Carpenter said the house will be built in the Iowa City area and they should know the family who will move in by mid-March. She expects construction to begin in early April, with business student, faculty and staff volunteers providing most of the donated labor, she said.

Carpenter said the fundraiser is also giving students an opportunity to gain real world business experience. Accounting students are tracking their money using an online accounting system, operations students are performing inventory control and pricing for TippieWear, and marketing and advertising students are marketing the clothing line.

"This type of environment fosters teamwork and communication skills which are especially critical in the business world, and are characteristics employers look for when hiring students," she said.

Those who wish to make an online donation to the House That Tippie Built campaign can do so at the Web site of Iowa Valley Habitat for Humanity at

Tippie Wear can be purchased online, and more general information on The House That Tippie Built campaign can be found at:

STORY SOURCE: University of Iowa News Service, 300 Plaza Centre One, Suite 371, Iowa City, Iowa 52242-2500.

MEDIA CONTACT: Tom Snee, 319-384-0010,