Charles H. Newman '63 MBA '70
"Babson changed my life! I truly am grateful for the chance this College
took on me when I left the military. I knew then someday I would give back.
Babson helped pay my way in my senior year as I had to stop working due to
a severe injury.
I believe that having the opportunity to attend a school like Babson, along with receiving financial assistance, enabled me to get where I am today. I had a long-standing career with Ford Motor Company after which I formed and operated a global consulting business. Ultimately I authored two books to share what I had learned from my business successes. These endeavors afforded me the ability to pursue other passions such as travel and photography.
Several years ago, my wife Arlene and I added Babson College as a beneficiary of our estate with the intent to provide endowed scholarship funding. I wanted to make sure that if some other student needed assistance, we could help change his/her life too. Last year, I realized we were in a position to make an outright gift to help a student with need-based scholarship funding now and establish the Charles and Arlene Newman endowed scholarship fund with an outright gift from IRA funds. We are thrilled to have started our named scholarship fund so Babson students can begin to benefit now, and we can get to know them too. In the future, when our bequest is realized to Babson, this funding will continue. Thank you Babson."