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Kelley School gets $15 million for minority aid

The Bloomington Herald-Times
Nov. 12, 2008

By Nicole Brooks

It wasn't a tough decision for William Fry, handing over $15 million. He had the money, and wanted to help young people. The Indiana University Kelley School of Business alum is giving one of the largest amounts ever donated to the Kelley School, to be used for scholarships for minority students. "I like to help people that need help," Fry said Tuesday from his Carmel home. "The primary purpose of a college is not necessarily what you learn, but learning how to learn. I think IU did that," he added of his experience at Kelley in the late 1950s. He wants to aid young people who have talent, but also limited means, in learning to learn. The Fry Scholars Program funds will be doubled by the university's Matching the Promise campaign, so a total of $30 million will be put into an IU Foundation endowment for tuition scholarships for underrepresented minority students.

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