RIT’s Nathaniel Rochester Society gave its highest honor to E. Philip Saunders, founder of TravelCenters of America, chairman and founder of Genesee Regional Bank, owner of Saunders Management Co. and a member of the RIT Board of Trustees.
The 2011 NRS Award recognizes individuals who have contributed to the university’s advancement in an outstanding and significant manner.
“I am proud to be associated with RIT. It is a world-class university focused on innovation and entrepreneurism,” says Saunders. “I have no doubt it will continue to enhance development and attract only the best and brightest.”
In 2006, Saunders made a $13 million gift to the university to boost the visionary plans of RIT’s business college that now bears his name. In 2010, he enhanced his support with an additional $5 million and a challenge to all E. Philip Saunders College of Business alumni and friends to raise $15 million to support future endeavors. The business college enrolls more than 1,200 undergraduate and graduate students and works in partnership with RIT’s Albert J. Simone Center for Innovation and Entrepreneurship to integrate business education with RIT’s internationally recognized technical and creative programs.
The NRS Award, established in 1972, has been permanently endowed through the generous gift of Mr. and Mrs. Marcus N. Barbour, charter members of the Society.