A First Under 40

Brian Prince ’86, ’89S MBA is sharing the wealth. In November 2002, Prince announced that he would donate $2 million to the University—the largest pledge ever from someone under 40.

The gift will establish the Prince Family Open Society Fund with an initial gift of $1 million and a pledge for an additional $1 million in the future.

The donation will be distributed among four areas, including the Alumni Scholarship Fund, the athletic department, the Simon School, and the Jeremy Glick Memorial Scholarship Fund. The death of Glick ’93, a fellow Alpha Delta Phi brother, in the September 11 terrorist attacks prompted Prince to make the donation.

“I worked in the World Financial Center for the majority of my career in New York and personally lost friends and college classmates when the World Trade Center buildings collapsed,” Prince says.

“But on a global scale, the attacks were an attempt to destroy the epicenter of what free-market capitalism is all about and the democratic principles behind an open society—principles represented by and taught at the University.

“I learned during my years at Rochester that there’s more to a good education than grades alone can measure,” he adds.

“My experience opened my mind to the value of entrepreneurship, the necessity of understanding the big picture and the belief that individuals can make a difference.”

Prince, who will add to the fund in the future, hopes that others will also contribute to support those principles of free trade and open societies.

Prince, who received his undergraduate degree in optics, is vice president of Shinsei Bank in Tokyo.