Tennessee-based iSustain has established with the University of Tennessee a $400,000 graduate fellowship endowment to support the Haslam College of Business’s students.
iSustain has committed $200,000 to the university, which will receive a one-to-one match from a matching gift program within the Haslam College of Business for a total of $400,000. The corpus will be placed into an endowed account, and a portion of the interest earned will be awarded annually to a Haslam graduate student.
This endowment will support graduate students who have a passion for protecting and improving the health of the natural environment, both in business and in their personal lives. The predicted amount of the annual scholarship is approximately $18,000.
Dean Dr. Stephen Mangum said the endowment will “assist generations of UT students in achieving their career and life goals.”
“This could be the difference between a full-time graduate student working multiple jobs or being able to focus on their studies,” said Paul Clark, senior director of development of the college.
iSustain works with businesses across North America to improve their sustainability programs through the reduction and beneficial reuse of waste.
Since iSustain Recycling’s inception in 2014, they have helped to divert over 1.4 billion pounds of plastics, paper, metal and food waste from landfill. To learn more, visit isustainrecycling.com.
The University of Tennessee provided information for this report.