RIT’s Nathaniel Rochester Society has given 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 will be presented July 14 during a ceremony at RIT’s Robert F. Panara Theatre in the Dyer Arts Center. The annual honor recognizes individuals who have contributed to the university’s advancement in an outstanding and significant manner. In 2006, Saunders made a $13 million gift to the university to boost the visionary plans of RIT’s business college which now bears his name. In 2010, he enhanced his support with an additional $5 million and a challenge to all Saunders College alumni and friends to raise $15 million to support future endeavors.