The Annual Auction hosted by Olin Women in Business (OWIB) held Feb. 5 raised a record-breaking $16,000 that will fund a new scholarship for women MBA candidates. Enjoy a gallery of party pics in this post from Ellen He, OWIB President and Allison Campbell, OWIB VP of Admissions.
The auction’s total is a 90% increase over last year’s fundraiser that donated $8,900 to the Scholarship Foundation in St. Louis. This is the first year OWIB has selected not to fund a community charity. Proceeds from the 2016 auction will be used to award incoming female MBA students with the newly created Olin Women in Business Scholarship.
Alumni, faculty, St. Louis business leaders, and MBA students were among the 200 guests at the evening affair held on two levels of the Knight Hall and Bauer Hall Atrium. Candle light, flowers, appetizers and open bars provided an opportunity to network, as well as bid on unique prizes and experiences, including lunch with the dean, designer swag, dinner with the Cardinals’ general manager, and lunch and sporting clay shooting with Cliff Holekamp, among others.
OWIB’s auction not only increased its fundraising this year, but also enjoyed a big jump in the number of guests who participated in the interactive evening of bidding on silent auction items as well as the live auction called by associate dean Joe Fox. OWIB VP of Events Nicole Hoffman provided strong leadership by organizing an auction planning committee last fall that contributed to this very successful event.
OWIB supports women in business by offering career, recruiting, educational, and networking opportunities for women MBAs. For OWIB, 2015 was a standout year, marking Olin’s highest enrollment of female MBAs in the business school’s history: 40% of the first year full-time MBA class is women, up from 28% the previous year.