Kellogg School of Management announced Wednesday it will expand programming, scholarships and support for women in business with a “transformative gift” from Northwestern alumna Ann Drake (Kellogg ‘84). 

The gift establishes The Drake Scholar Network, which plans to support over 5,000 women within five years over five years through networking opportunities, faculty hirings and new-student recruitment.

Drake grew her family company Dry Storage Corporation into the leading national enterprise DSC Logistics as its CEO, according to a news release, all while navigating a male-dominated field. She said in the news release Kellogg provided not only the education but the network and community that helped her succeed. 

“With this gift I hope to make that possible for more women, equipping them to pursue, navigate and sustain careers that drive organizational and societal impact and create lives of personal meaning,” Drake said. 

Networking opportunities under the fund will include a bi-annual conference for women in business. The fund also covers five to seven new faculty hires, two full-time staff hires and 30 to 35 student scholarships.

Email: [email protected]

Twitter: @binahschatsky

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