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University of Wyoming Foundation

Donor Stories

UW: Wyoming's Greatest Resource

Maggie and Dick ScarlettThe University of Wyoming is many things to many people, but to Dick and Maggie Scarlett it is one of our state's most valuable assets.

For many years, Dick has claimed that the crown jewel of the state of Wyoming is the university. "The university is our state's greatest economic resource, as well as a tremendous unifying force for its residents," says Dick. "It doesn't matter what political persuasion you are or what industry you are in, nearly everyone understands and appreciates the critical roll the University of Wyoming plays within the state."

From an economic perspective, the Scarletts are especially pleased with the efforts the College of Business and the UW leadership team are making in the area of business development. As former bankers in four Wyoming communities, Dick and Maggie recognize the importance of a diversified economy, as well as the need to keep our young people from leaving the state upon graduation.

"For years, Wyoming has struggled to broaden its economic base and to retain its young talent. Obviously, these two challenges go hand in hand," says Maggie. "That's why we applaud the College of Business's entrepreneurship program and its $10K business plan competition. These initiatives, along with the university's business incubator, are vital if we are ever going to resolve these issues."

The College of Business's mission to diversify the state's economy is one of the reasons why Dick and Maggie Scarlett established an excellence fund for the college. They believe the university can dramatically impact the state's economic future and the prosperity of its citizens. However, they also believe that the dean should be able to respond quickly to emerging opportunities. Therefore, the Scarletts' gift provides discretionary funding to help push opportunities and programs from adequate to excellent.

"The Scarletts' commitment is a wonderful testament to their longstanding dedication to the University of Wyoming and the College of Business," says Brent Hathaway, dean of the college. "It speaks to the larger purpose of business education in Wyoming, which is to prepare the future business leaders of tomorrow. We are so grateful for their passion, generosity, and support."

"We both think very highly of the UW business school and its leadership team. The financial and programmatic advancements that have been made in recent years are impressive," says Maggie. Dick adds, "With a new state-of-the-art facility, a revitalized MBA curriculum, and a new PhD program in management and marketing, the College of Business is poised to become a significant educational and economic player in the region."

Dick and Maggie have long-standing ties to Wyoming and its university. Both received degrees at UW-Dick in business and Maggie in speech pathology. Their five grandchildren, representing six generations of Wyomingites, are being indoctrinated in the ways of the Cowboys and Cowgirls.

"The university is part of what binds us together," says Maggie. "We feel our family benefited significantly from their education at UW, and we are pleased to be in a position to give back to our alma mater. Besides, the wonderful reality about supporting education is that the impact lives on forever."

Photo:
Maggie and Dick Scarlett

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