Carnival Cruise executive, corporation
donate $100,000 to URI's Ballentine Hall campaign
KINGSTON, R.I. -- April 6, 1999 -- Carnival Corporation and one of its
top executives have donated $100,000 to the University of Rhode Island to
assist in the transformation of Ballentine Hall.
Howard S. Frank, Carnival's vice chairman and chief operating officer,
made his $50,000 donation to the Shareholders Campaign, a $5.6 million private
fund drive to help renovate and expand Ballentine, the home of URI's College
of Business Administration. The corporation matched Frank,s gift with a
$50,000 gift. A classroom in the improved and expanded Ballentine Hall will
be named in Frank,s honor.
"I donated to the campaign for a few reasons, Frank said by phone
from his office in Miami. "My fondest memories are of my time at the
University and my best and strongest friendships were formed during my four
years at the University. We,ve been able to maintain this over the years.
That,s a big part of it.
Frank,s company is the largest cruise line in the world, with Carnival
Cruise Lines, Holland America Line/Westours, Windstar Cruises, and Cunard
Lines, including the well-known QE-II, all sailing under the Carnival banner.
"The University helped me in my formative years in maturing from
a young boy to a young man. It directed me in developing my career, said
the 1962 URI graduate.
"Since URI is my alma mater, we at Carnival wanted to assist URI,
Frank said. "I am delighted to participate in the URI program to expand
and update Ballentine Hall. I am also pleased that Carnival Corp. has agreed
to participate with me in the program. I hope this gift will help encourage
other alumni to participate in this most worthwhile project.
"I am delighted with the support and enthusiasm that the Shareholders
Campaign has generated among alumni like Mr. Frank, said Edward M. Mazze,
dean of URI's College of Business Administration. "Thanks to people
like Mr. Frank, we are well on our way to becoming the premier business
college in New England.
To date $3.3 million has been raised toward the private fund-raising
campaign. Built in 1967, the facility will gain a 10,000-square-foot addition,
a new exterior and totally redesigned classrooms.
"Mr. Frank's generosity, combined with the matching contribution
from Carnival, has without question, propelled this campaign forward, said
Cameron Jones, the College's assistant director of development. We are fortunate
to have alumni in such high places.
Frank who is second in command at Carnival, which generates $3 billion
in revenue annually and employs 25,000, said the company is cruising along.
The speaker at URI,s CEO Leadership Forum in 1995 and a member of the College
of Business Advisory Council, Frank said people approached him during the
function, telling him how great their cruises were.
"Cruising is a great product that gives you great value, Frank said.
"That,s why the business has grown so well.
"It reminds me of URI, he added.
For Further Information: Dave Lavallee 401-874-2116