ROCKVILLE, Md., Aug. 20, 2010 (GLOBE NEWSWIRE) -- Montgomery College recently secured a two-year grant totaling $200,000 from The NASDAQ OMX Educational Foundation to support an existing endowed scholarship fund for students participating in the Gordon and Marilyn Macklin Business Institute Honors Program (MBI) at Montgomery College. This is the foundation's second grant to Montgomery College, a multi-campus community college in Montgomery County, Maryland.
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"Montgomery College is proud to continue a partnership with The NASDAQ OMX Educational Foundation," said Dr. DeRionne Pollard, president of Montgomery College. "The foundation's support ensures that many more of our students will achieve their goals of becoming successful college graduates and future business leaders."
The NASDAQ OMX Educational Foundation started an endowed scholarship fund with the Montgomery College Foundation in 2008. Dedicated to the memory of Gordon Macklin, the former president of the National Association of Securities Dealers (NASD) and founder of The NASDAQ Stock Market, the fund helps Montgomery College MBI students with the costs of tuition and related expenses.
"The NASDAQ OMX Educational Foundation dedicates its efforts to supporting and encouraging innovative educational initiatives," said Joan Conley, senior vice president and corporate secretary of The NASDAQ OMX Group. "Montgomery College and the MBI program both educate and inspire students to become the nation's future business leaders. We're excited to offer our support to Montgomery College, and are proud to continue the initiative to help students of the MBI program become successful entrepreneurs and innovators in the business world."
Through Gordon and Marilyn Macklin's generosity, Montgomery College established the MBI more than 10 years ago. The innovative business program consists of honors coursework, internships, seminars, a student-run business, and community service opportunities. The program offers a one-year option for sophomore students and a two-year option for recent high school graduates. Graduates transfer to some of the country's top business schools.
For more information about the Macklin Business Institute at Montgomery College, contact Stephen Lang, program director, at 240-567-1707 or visit http://www.montgomerycollege.edu/macklin/.
About Montgomery College
Montgomery College is a public, open admissions community college with campuses in Germantown, Rockville, and Takoma Park/Silver Spring, plus workforce development/continuing education centers and off-site programs throughout Montgomery County, Md. The College serves nearly 60,000 students a year, through both credit and noncredit programs, in more than 130 areas of study.
About NASDAQ OMX Educational Foundation:
The mission of The NASDAQ OMX Educational Foundation is to promote learning about capital formation, financial markets and entrepreneurship through innovative educational programs. It was established in New York City in 1994 and is supported entirely by contributions from The NASDAQ OMX Group, Inc.
About NASDAQ OMX
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with approximately 3,600 listed companies. NASDAQ OMX Group offers multiple capital raising solutions to companies around the globe, including its U.S. listings market; NASDAQ OMX Nordic, including First North, NASDAQ OMX Baltic and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and ETFs. NASDAQ OMX Group technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX Group exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit www.nasdaqomx.com. *Please follow NASDAQ OMX on Facebook (http://www.facebook.com/pages/NASDAQ-OMX/108167527653) and Twitter (http://www.twitter.com/nasdaqomx).
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CONTACT: Montgomery College Media Contacts: Elizabeth Homan 240-567-7970 Marcus Rosano 240-567-4022 The NASDAQ OMX Group, Inc. Media Contact: Robert Madden 646-441-5045 email@example.com
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