George F. Rand Iii Honored By Gift to UB

By Arthur Page

Release Date: March 24, 1994 This content is archived.


BUFFALO, N.Y. -- Calvin G. Rand, a long-time supporter of the University at Buffalo, has established a fund 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 F. Rand III, 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 UB. The three children of George F. II and Isabel W. Rand -- Calvin, George F. III 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 UB School of Management, such as the Rand Program on International Studies.

Calvin Rand, who currently is an adjunct professor in the UB Department of Theatre and Dance and chair of the university's Arts Advisory Council, also is 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 a lecturer in philosophy at the university and as acting director of the Office of Cultural Affairs.

Rand is founding chairman of the Shaw Festival Theatre and long-time summer resident of Niagara-On-The-Lake, Ontario. In addition, he is former president of the American Academy in Rome, the research center for artists and scholars in Rome, Italy.