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$1 Million Gift From M/I Homes to Further Education
 The National Housing Endowment, the philanthropic arm of NAHB, has received a $1 million grant from The M/I Homes Foundation, a charitable organization funded by M/I Homes, Inc. of Columbus, Ohio. The unrestricted gift primarily will support the endowment’s education initiatives.
“The important work of the National Housing Endowment could not be accomplished without the support and overwhelming generosity of donors like The M/I Homes Foundation,” said Gary Garczynski, the endowment’s chairman and 2002 president of NAHB.
Through the creation of H.E.L.P., or the Homebuilding Education Leadership Program, the endowment has embarked this year on a major grant-making initiative to increase the number of qualified college graduates entering the residential construction profession. The endowment will work with two- and four-year college and universities to:
- Develop housing-related curricula as a specific concentration of study
- Increase the number of faculty with a residential construction background
- Increase graduate studies programs emphasizing practical experience and mentoring opportunities in residential construction
- Increase industry involvement in local and national student competitions.
“M/I Homes and The M/I Homes Foundation are proud to make this gift to the National Housing Endowment in honor of my late father, Irving Schottenstein,” said Steven Schottenstein, chief executive officer and director of M/I Homes, Inc. “My father would be especially proud of this grant because his values are reflected in the endowment’s mission to support innovative and effective programs that further industry education, training and research.”
The largest builder of single-family homes in Central Ohio and one of the nation’s largest home builders, M/I Homes, Inc. was founded in 1976 by cousins, the late Irving E. and Melvin L. Schottenstein. Since its inception, the company has sold more than 64,000 homes.
“The M/I Homes Foundation is a philanthropic leader in its community, in keeping with the Schottenstein family’s tradition of giving,” said Garczynski. “We are truly thankful for this gift from a long-time friend of the housing industry and a proud member of the NAHB federation.”
Steven Schottenstein will join the National Housing Endowment’s Life Trustees, whose seven-figure donations have surpassed a fundraising goal of $10 million set in 2002 and are now headed to a goal of $25 million over the next three years.
In addition to Life Trustees, the endowment is led by a growing group of Founding Advocates, six-figure donors who provide core support. All sectors of the housing industry are represented by the endowment’s supporters and trustees, who provide a unique perspective on meeting the nation’s housing needs and challenges.
For more information, e-mail Kym Kilbourne at NAHB, or call her at 800-368-5242 x8447.
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