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Wachovia Bank Presents $350,000 Check to
Howard University to Help Support Local Businesses

Washington, D.C., January 25, 2006 – Steve Cummings, Wachovia Bank’s head of Corporate & Investment Banking, and Sam Schreiber, president, Wachovia, Greater Washington, D.C. Region, visited Howard University last week to present a $350,000 check to university officials in an effort to assist the School of Business in providing ongoing support to neighboring businesses and to support the school’s Executive Leadership Honors Program.

“We are grateful to Wachovia Bank for their generous support,” said Barron Harvey, Ph.D., dean of Howard University’s School of Business.  “Through our Entrepreneurship, Leadership, and Innovation Institute’s Georgia Avenue Incubator Project, this donation will assist us in providing an array of targeted resources and services to new businesses in the Howard University community.  Additionally, $100,000 of Wachovia’s gift will support our Executive Leadership Honors Program to assist us with scholarships, case studies, and visitations to corporate sites.”

Howard University is one of 48 U.S. private, Doctoral/Research-Extensive universities and comprises 12 schools and colleges. Founded in 1867, students pursue studies in more than 120 areas leading to undergraduate, graduate and professional degrees. Since 1998, the University has produced two Rhodes Scholars, a Truman Scholar, seven Fulbright Scholars and nine Pickering Fellows. Howard also produces more on-campus African-American Ph.D.s than any other university in the world. For more information on Howard University, call 202-238-2330, or visit the University’s Web site at www.Howard.edu.

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