The Davis United World College Scholars Program is the world’s largest privately funded international scholarship program. It awards need-based scholarship funding, aka the Shelby Davis Scholarship , to graduates of schools and colleges in the United World Colleges (UWC) movement to study at 99 select partner universities in the United States.
10-488: Shelby Davis co-founded the scholarship program in 2000 along with Phil Geier, former President of UWC-USA . Once UWC graduates enroll in one of the Program's partner U.S. colleges or universities, the Program provides financial support for their undergraduate educations through institutional grants that support need-based scholarships. Originally, the scholarship was offered to students matriculating at one of five colleges in
20-533: Is a graduate of Princeton University and began his career at The Bank of New York , where he became the bank's youngest vice president since Alexander Hamilton. Davis left BNY in 1968 to found an investment management firm that eventually became Davis Selected Advisers, which as of 2021 manages about $ 37 billion in several funds. All the Davis funds invest in public equities and have been described as "value stock" funds. Shelby Davis's reputation with such stocks
30-627: Is an educational movement including 18 sixth form colleges (upper-level secondary schools) and full schools located throughout the world that educate international students from 160 countries, with a focus on peace and sustainability. Five years after the program was launched, the Boston Globe wrote "The effects [of the Davis Scholarships] have been dramatic. At Colby, where total enrollment is 1,800, international enrollment jumped from 6 percent to 10 percent in five years. At College of
40-749: The United States : the College of the Atlantic , Middlebury College , Colby College , Wellesley College and Princeton University . The network of eligible universities has since grown to 99. The scholarship is restricted to students who have completed the International Baccalaureate Diploma Programme at one of the 18 schools or colleges in the United World Colleges (UWC) movement. UWC
50-748: The United World College movement and his own alma mater, Princeton University, of which he served as trustee starting in 2006, and was one of the most generous donors to the university while on the board. His backing of the United World Colleges included his paying for the restoration of the Montezuma Castle on the U.S. campus. He has further supported these schools through the Davis United World College Scholars Program ,
60-420: The Atlantic, which has just 265 students, 17 percent come from other countries, up from a handful before the Davis scholarships. At Wellesley and Princeton, international enrollments have grown from 6 percent to 8 percent." More recently, the president of Colby college has said that the program "changed American higher education by making the best colleges and universities available to deserving students from around
70-554: The Bruins, and as a result of the team's championship win in 1972, his name is engraved on the Stanley Cup . In 2012, John Rothchild published a profile of Davis, his father, and his sons, called "The Davis Dynasty: Fifty Years of Successful Investing on Wall Street". Shelby Davis is noted as an extraordinarily generous philanthropist, especially to educational causes. Among the most significant recipients of his philanthropy are
80-936: The Davis-UWC IMPACT Challenge and the Davis-UWC Dare to Dream Program. Through the Davis United World College Scholars Program , Davis has provided scholarships for over 10,000 students at colleges and universities around the world. Davis and his wife also support environmental and regional charities, including in Maine, Wyoming, Florida, and Utah. Davis explained his philanthropic efforts by saying "I believe education creates possibilities. It's always about young people and their futures, and we all realize that with education, young people have more possibilities than without it. I am investing in UWC students, in particular, because I believe they are getting
90-454: The world." As of 2020, the program had paid the tuition of over 10,000 students. As of 2023, there are 99 participating universities. Names marked with an asterisk signify the original five universities. Shelby M.C. Davis Shelby Moore Cullom Davis (born 1937 ) is an American philanthropist and retired investor and money manager. Born 1937, Davis is the son of money manager Shelby Cullom Davis and Kathryn Wasserman Davis . He
100-480: Was such that he was called a "legendary fund manager" by the New York Times, a "legend" by Money magazine, "legendary" by Financial Advisor magazine, and a "legendary investor" by Kiplinger's Personal Finance magazine. Davis is currently married to his second wife, Gale. His first wife, Wendy A. Adams, was the daughter of Boston Bruins Chairman Weston Adams . Davis served for a time as Vice President of
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