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July 8, 2002
Local businessman's $300,000 gift funds graduate
student fellowship and University Center
By Jennifer McNulty
Local businessman Ramesh Bhojwani has always believed in two things:
Education for the young, and medical care for the old. Bhojwani, who
retired last year, is thankful to be at a point in his life where he
can act on his beliefs, devoting himself full time to charitable endeavors.
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| Ramesh Bhojwani emigrated to the
United States in 1979. |
His latest $300,000 gift includes $200,000 to establish
the Bhojwani Family Endowed Graduate Fellowship at the University of
California, Santa Cruz. The fellowship will provide financial support
to students who are the first in their family to attend graduate school.
The balance will go toward construction of the new University Center
at UCSC, slated for completion next winter.
"I've worked for money all my life, but I've told my children
that most of my money will go to charity," said Bhojwani, who has
also recently purchased and delivered cataract treatment systems to
five hospitals in India. "My father always told me, 'Son, you're
only a custodian for this money. You have to give it back.'"
At UCSC, Bhojwani's generosity will help first-generation graduate
students who demonstrate financial need. "If a student wants to
go further and do graduate work, we should be encouraging them, don't
you think? It's not easy to get degrees," said Bhojwani, whose
own college education was cut short after two years when he went to
work in the import-export business. He still considers going back to
school and has helped each of his own three children earn college degrees.
Bhojwani's gift will help UCSC pursue its goal of developing stellar
graduate programs, said Chancellor M.R.C. Greenwood, who has identified
graduate education as a priority for the campus. "This wonderful
gift provides a much-needed boost toward UCSCs goal of fostering
superb graduate programs and research innovations," said Greenwood.
"And it supports our campus priorities of increasing access and
opportunity for tomorrows leaders."
Bhojwani, owner of the former Holiday Inn on Ocean Street leased by
UCSC to provide student housing, credits his business savvy with enabling
him to retire last year at the age of 59, but he attributes his appreciation
of the value of education to his father, who died when Bhojwani was
12 years old. The dining room at the new UCSC University Center will
be named in honor of Bhojwani's father, Hemandas Doulatram Bhojwani.
From a young age, hardship taught Bhojwani a great deal about life,
he said. "I was the youngest of 12 children, and when you're number
12, you're not a priority for anybody. You had to move fast when food
was on the table," he recalled with a laugh. When Bhojwani was
12, the family was part of a large migration of Hindus from Sind province,
now part of Pakistan, to India. They settled in Bombay. At the age of
18, Bhojwani moved to the United Kingdom, where he established a successful
business. He emigrated to the United States in 1979 at the age of 37.
His wife and children joined him in 1986.
"I've been told I'm the classic case of pulling myself up by my
bootstraps from the streets of Bombay," said Bhojwani. "I
guess that's true."
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