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JGSM Park Fellows make lasting contributions to school and community

By Franklin Crawford

The Alternatives Federal Credit Union (AFCU) in downtown Ithaca is about to sign a contract with its first socially responsible business Venture Capital Fund investment thanks in large part to ongoing assistance from students in the Park Leadership Fellows Program at Cornell's Johnson Graduate School of Management.

"The Park Fellows put just a phenomenal amount of energy and resources into this project," said William Myers, AFCU manager, referring to Michael Emery and Chad Updyke, two students who were following through on groundbreaking work begun by last year's Park Fellows. "They have helped us with everything -- from legal contracts to spread sheet analysis, and it has sped up the process substantially."

The AFCU Venture Capital Fund was just one of 14 projects presented during the annual Park Fellowship projects presentations on May 3 in Sage Hall. They included an impressive range of local, campus and regional community service projects, some new and some ongoing, that are the heart of the Johnson School's Park Fellows program.

Inaugurated in 1997 with a $5.9 million gift from the Park Foundation, the program covers tuition and provides a stipend for 60 exemplary MBA students at Cornell. In return, Park fellows must undertake a service leadership project that leaves something of lasting value in the community and take part in the Johnson School's "leadership" curriculum.

The following is a list of the other Park fellows projects and the students who ran them:

The Park Foundation is named for Roy H. Park, the late media entrepreneur and Ithaca resident. Roy H. Park Jr., Cornell trustee and Park Foundation vice president, along with his mother, Dorothy Park, sister, Adelaide Gomer, and daughter, Elizabeth Fowler, are family trustees of the foundation.

May 24, 2001

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