WESTERLY – The Washington Trust Co.’s Charitable Foundation has made a five-year, $100,000 commitment to support University of Rhode Island finance students enrolled in a three-credit advanced investment course.
The gift from the charitable arm of the Westerly-based bank is part of the $100 million Making a Difference capital campaign at URI, and will provide support to students who participate in the Ram Fund.
Established in the spring of 2001 with $100,000 in seed money from the URI Alumni Association, the Ram Fund gives students the opportunity to invest and manage money for the long term. Each year students compete for various positions in the Ram Fund.
The program allows them to invest real money in real firms. A course in the College of Business Administration, the Ram Fund also has its own advisory board to provide information, encouragement, advice and access to ideas and opportunities that might otherwise be unavailable to students.
