FALL 2005
VOL. 7 NO. 1

SMITH BUSINESS: Home - Site Index - Previous Issue - Archives - Download PDF

Subscribe to the print version. It's free!

                                                                                                     A Tale of the Bennetts    60 Seconds With...    Ask the OCM   More
                                                                                                     Smith's Honor Roll
(FROM LEFT) DEAN HOWARD FRANK WITH BERNARD BENNETT, NORMAN BENNETT, MAGGIE BENNETT, AND MILLARD BENNETT ’71 OUTSIDE

This is a family story, so let’s start by getting the family straight. Once upon a time there were three brothers: Norman, Bernard and Stanley Bennett. The three of them grew up in Washington, D.C., and one of their fond memories was of being taken by their mother in the early 1930’s to the University of Maryland’s famous Dairy for ice cream and fresh milk. Norman, the eldest, went to the Naval Academy and then founded one of the area’s first discount furniture and design companies. Bernard also went to the Naval Academy and went on to become an Indiana Jones-type entrepreneur, banker and mercury mine owner in Mexico.

Stanley went to the University of Maryland and studied at the College of Business and Public Administration, forerunner of the Smith School. After graduating in 1951 he became a stockbroker and worked at A.G. Edwards for more than 30 years. Stanley was a quiet man who kept to himself, living modestly in his small apartment in the District. But he never forgot his time at the University of Maryland, and he never lost his appreciation for the impact the university had made on his own life.

Meanwhile, Norman married and had a family. His sons Alan ’69 and Millard ’71 also attended the university’s business school. And in time, Millard’s son Stephen came to the Smith School to receive his own education.

Stephen received a $2,500 Alumni scholarship and was a member of the Smith Undergraduate Fellows program. Stephen found the program rewarding, and a third generation of Bennetts left the university’s business school pleased with the education he had received.

Then, in September 2003, Stanley Bennett passed away. And in the process of administering his estate, his nephew Millard Bennett discovered that his uncle had left a sizable bequest to the Smith School.

The $150,000 bequest was a surprise even to Stanley’s family. “I think my uncle realized that without his experience at the University of Maryland business school he would not have had the ability to pursue his business career,” said Millard Bennett, Stephen Bennett’s father. “He took the opportunity to give back to the school something which would allow future generations of students to maximize their education.”

In honor of this generous gift, Room 2105 in Van Munching Hall has been named the Stanley Bennett classroom. His generous bequest will also be used to continue and expand the undergraduate fellows program, ensuring that many other students will enjoy the benefits of a Maryland education for years to come.

  SMITH BUSINESS

Copyright 2005 Robert H. Smith School of Business