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News release prepared by: Shanna Williams, 785-532-7548, shannaw@found.ksu.edu

Thursday, Sept. 16, 2010

MASSACHUSETTS COUPLE ESTABLISHES FIRST ENDOWED DEANSHIP AT K-STATE

MANHATTAN -- Paul and Sandra Edgerley, Brookline, Mass., have made a commitment of $5 million to the College of Business Administration at Kansas State University to establish the Edgerley Family Endowed Deanship in the College of Business Administration.

The fund will provide support for an endowed deanship in the college, and will provide perpetual funding for advancing excellence in the mission and vision of the college. It also will provide assistance for equipment, operating support and travel. This gift will qualify for the State of Kansas Faculty of Distinction Program, which augments the fund with additional support once it is funded at the $500,000 level.

Paul Edgerley is a 1978 graduate of K-State, with a bachelor's degree in accounting. After leaving K-State, he earned a Master of Business Administration at Harvard Business School in 1983. He is a managing director of Bain Capital LLC, one of the world's leading private, alternative asset management firms, in Boston.

Sandra Edgerley earned a bachelor's degree in biology from Harvard University in 1984, and received her Master of Business Administration from Harvard Business School in 1989. She worked at Bain & Company, a leading global business consulting firm, for 10 years. She is currently an active volunteer in the Boston area, and serves as chair of the board of directors of the Boys and Girls Club of Boston, and as a member of the board of directors of Horizons for Homeless Children, Be The Change Inc., the United Way of Mass Bay, the Boston Foundation and is a member of the executive committee of the Harvard College Fund.

In 2002 Paul Edgerley was recognized as an alumni fellow in K-State's College of Business Administration. He also was named a Distinguished Business Leader of 2004, and that same year was inducted into the college's Business Leaders Hall of Fame. In addition to participating in the college's dean's advisory council, he is an active and dedicated alumnus. In the past 10 years, he and his wife have established or contributed to a number of scholarships, funds and faculty chairs, including: the Paul B. and Sandra M. Edgerley Business Administration Leadership Scholarship (1998); the Paul B. Edgerley Chair in Business Administration (2000); the Edgerley-Franklin Urban Leadership Scholarship (2006), in honor of his friends, Bernard and Elsia Franklin; the Robert M. Edgerley Chair in International Business (2007), in honor of his father; the Edgerley Family Chair in the College of Business Administration (2007); and the President Wefald Leadership Chair in Business Administration.

The Edgerleys are members of the Kansas State University Foundation's Presidents Club, a philanthropic leadership organization for friends and alumni of K-State. Paul Edgerley is a former member of the KSU Foundation Executive Committee, and is a lifetime member of the K-State Alumni Association. He and his wife have served K-State in a number of capacities, notably as national chairs for the university's most recent large-scale fundraising effort, the Changing Lives Campaign.

"K-State has had a huge impact on my life, both in preparing me for a career in business and as a source of lifetime friendships," Paul Edgerley said. "Sandy and I are pleased to support the business college's mission to be the business school of choice in the region by providing excellence in the advancement and dissemination of knowledge consistent with the needs of students, business, faculty and society."

"Paul and Sandra Edgerley are a fantastic example of the dedication and loyalty that I have the privilege of seeing every day," said Kirk Schulz, president of K-State. "Their generosity will have a profound and lasting effect on the College of Business Administration. Contributions like theirs that will help Kansas State University to achieve our goal of becoming a top 50 public research university."

Philanthropic contributions to K-State are coordinated by the Kansas State University Foundation. The foundation staff works with university partners to build lifelong relationships with alumni, friends, faculty, staff and students through involvement and investment in the university.