The University of Chicago Laboratory Schools has announced a $10.5 million gift from trustee and alumnus John W. Rogers, Jr. in support of a scholarship fund and to establish a professional development program for underresourced students.
The gift includes a $4 million bequest to the John W. Rogers and Victoria Marie Rogers Scholarship Fund, which provides scholarship support for students attending the Laboratory Schools. Another $4.5 million of the gift will be used to establish the Ariel Investments Internship Program in Finance, a series of new programs aimed at encouraging students from low-income families and racial and ethnic minorities to pursue career paths in the finance industry. Rogers' gift also will support career advising, professional development workshops, networking opportunities, and funded internships for students.
The gift, which brings Rogers' total giving to the university and Laboratory Schools to $15 million, also includes unrestricted support. In recognition of his support and the public service of his late parents, the university has named a Rogers Family House in the Campus North Residential Commons complex.
Chairman and CEO of Ariel Investments, Rogers graduated from the Laboratory Schools in 1976 and served on its board from 1987 until 1994, when he was awarded its Distinguished Alumni Award. In 1998, Rogers returned to the Laboratory Schools board and was appointed chair in 2009.
"John Rogers has contributed his time, energy and unbridled enthusiasm to our community," said interim Laboratory Schools director Beth A. Harris. "Once again, his generosity is helping to make our schools stronger. His bequest will help to provide an experience that he so valued to outstanding students — ones who might not otherwise be able to benefit from a Lab education."