the Campaign for UAB
NEWSLETTER F all 2 0 1 5
The Campaign for UAB has surpassed $617 million as of September 1, 2015. As we enter the third year of this ambitious, five-year commitment to raise $1 billion, we invite you to consider the true impact of philanthropy on our campus and our community. Lives are changed every day by the simple act of giving to UAB. Patients receive life-saving care. Students receive the opportunity to pursue their dreams. Our city and state are made stronger through our economic impact. And our souls are fed through the visual and performing arts. Our campaign theme says it best: Give Something. Change Everything.
Paying It Forward: Scholarship Gift Comes Full Circle
Then, to his surprise, the School of Business
Scholarship Committee awarded him the Louis Paul Kassouf Endowed Scholarship for accounting students. “I was very shocked — amazed and grateful — to receive a scholarship, and without it, I am not sure I would have been able to finish my education,” he says. “That scholarship changed everything for me.”
Hafiz Chandiwala with David Kassouf
Twenty-two years ago, Hafiz Chandiwala was
Today, Chandiwala is the Senior Vice President
and Chief Financial Officer of Coca-Cola Bottling
Chandiwala in the late 1990s with children Aneesa & Amaan
Company United, Inc. And in 2005, he created his
and UAB Athletics, and serves on the Leadership
own scholarship in the Collat School of Business to
Cabinet for the Campaign for UAB.
provide more opportunities to UAB students who, like
him, are juggling financial challenges and big dreams.
and what it means to our community,” he says. “It’s
The Hafiz Chandiwala Endowed Scholarship in
fulfilling to be able to do something to give back. It
Accounting is designated for accounting majors who
takes everyone to move forward, so I’m happy to do
are working full-time while attending college at UAB.
my part.” He is especially proud that his son, Amaan,
followed in his footsteps, a Collat Scholar in the Collat
“I receive letters from the recipients,” he says.
“I really believe in UAB — what it stands for
“It’s heartwarming to know that you are able to help
School of Business, he is majoring in finance.
others in a manner that you were once helped and
pay it forward.”
was established in 1988 by the partners of L. Paul
Kassouf & Co., a Birmingham accounting firm. The
After graduating in 1994, Chandiwala practiced
The Louis Paul Kassouf Endowed Scholarship
public accounting for five years, then served as CFO
Kassouf family has continued to invest in UAB over
an accounting student at UAB, struggling to balance
for Birmingham Fastener & Supply, a southeastern
the years, including their most recent gift to name
college studies while supporting his young family.
manufacturing company, for two years before
the Kassouf & Co. Suite for the Department of
joining Coca-Cola Bottling Company United, Inc. as
Accounting and Finance in the new business building
young, and I was going to school at night to try
the Corporate Controller and Assistant Treasurer.
(see page 5).
to finish my degree in four years,” he recalls. “I
By 2002 — less than 10 years after receiving the
received some financial aid, including student loans,
Kassouf scholarship — he had risen to the role of
For more on supporting students in the
to support my way through school, but it was a
CFO. Since that time, he has lent his expertise to
Collat School of Business: David I. Allen,
traditional package with a large component to be
numerous committees both within the company and
Senior Director of Development, 205.996.5399;
repaid following graduation.”
among related industry boards. He has also been a
diallen@uab.edu
“I was working full time, I had a family, I was
generous supporter of the Collat School of Business
d For more stories about gifts that changed everything: Kaul Foundation gift created launchpad for discovery in genetics, fundamental science Page 2
Strain Endowed Chair helps recruit powerhouse Parkinson’s researcher Page 8
Barkley’s gift continues to pay rich return on investment Page 9 For even more: uab.edu/changeeverything
Give Something
| Change Everything 1