Reporter Volume 25, No.15 February 3, 1994

By MAME DIMOCK
Special to the Reporter

Calvin G. Rand, a longtime supporter of the university, has pledged a
$50,000 gift in memory of his brother, George F. Rand III, to benefit
the University at Buffalo School of Management.
	The George F. Rand III Memorial Endowed Fund will be used to
help support academic programs and activities in the areas of
entrepreneurship, public policy and urban affairs. The name of George
F. Rand III will be honored and recognized through the activities
supported by the fund. 
	George Rand, who died Aug. 8, 1991, was chairman of Rand
Capital Corp., a venture capital firm based in Buffalo. During his
lifetime he was interested in helping budding entrepreneurs in Western
New York and was deeply involved in international financing as vice
president for international business at Marine Midland Bank.
	The Rand family has had a long-standing relationship with the
university. The three children of George F. and Isabel W. Rand,
Calvin, George and their sister Mrs. Isabel Hunt, established a
separate fund through the Buffalo Foundation known as the Rand Fund in
honor of their parents. This fund also benefits activities and
programs in the School of Management, such as the Rand Program on
International Studies.
	Calvin Rand, currently an adjunct professor in the UB
Department of Theater and Dance and chairman of the university's Arts
Advisory Council, is also a leading supporter of the university's fine
arts program and a contributor to the Poetry and Rare Books Collection
in the University Libraries. At one time, he served as lecturer in
philosophy here and as acting director of the Office of Cultural
Affairs.
	He is founding chairman of the Shaw Festival Theatre and
former president of the American Academy in Rome, a noted research
center for artists and scholars.