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Philanthropy by the numbers

Hughes said he has made his living buying and selling around ten companies, with periods of running the businesses in between. The number also includes ones where Hughes said he was just a substantial investor.

One class included a speaker from The Community Foundation for Greater Atlanta, which guides philanthropists, nonprofits and community leaders interested in improving the quality of life in metro Atlanta.

grade was dependent on making the right choice.

"There are only 27 seats in the class," Blumentritt said.

MARIETTA A local millionaire businessman convinced the Coles College of Business at Kennesaw State University to teach graduate students this fall about the importance of philanthropy.

With literally millions of ways to give, Tom Hughes asked the students what nonprofit is the best in the "Philanthropy of Business" class, the first course focused on charity giving offered by KSU.

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Ruth Ann Harnisch, president of The Harnisch Foundation, which gives hundreds of grants to nonprofit organizations a year, came down from New York on her way to the Bahamas in her private jet, Tom said.

There was even insight by speakers who help steer wealthy families on how to structure their charitable gifts.

Harnisch is married to William Harnisch, president and CEO of Peconic Partners, an investment management firm.

Hughes said it is about thinking of deals to make before anyone else and cornering a market.

´╗┐KSU wraps up graduate philanthropy business class

Mutombo started the Dikembe Mutombo F2.5 Foundation to improve living conditions in his native Democratic Republic of Congo in 1997.

some opportunities that I had," Hughes said.

Tim Blumentritt, associate professor of management at KSU, who has lived in east Cobb for nine years, served as support faculty for the graduate Nike Air Force High Womens course.

The "Philanthropy of Business" class was about identifying who are the recipients and who are the donors, and how businesses interact with charities to make an impact in people's lives around the world, Blumentritt said.

In his professional life, Hughes said he hears unsolicited pitches and business plans five to six times a week.

Hughes, a trustee of KSU who recently earned a MBA from the university, got the idea while at a conference in Lithuania, where he heard about Indiana University's Lilly Family School of Philanthropy program.

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One opportunity was buying National Electronic Attachment Inc., the largest dental electronic insurance claims company in the United States, Hughes said.

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As part of the "Philanthropy of Business" class, Hughes gave each student $1,000 to be donated to a charity, but their Air Force Nike For Women

Blumentritt said the class was added to the curriculum because KSU is so heavily integrated with the business community.

Another highlight was a presentation by Dikembe Mutombo, a retired professional basketball player who was with the Atlanta Hawks from 1996 to 2001.

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"That lets you do whatever you want to do," Hugh said.

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Hughes, 73, has lived in Dunwoody for 35 years with his wife, Barbara, and has three children.

"We are encouraged to be entrepreneurial," Blumentritt said.

The class met weekly for three hours for 15 weeks, and often included keynote speakers talking for an hour before 15 minutes of questions.

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at 25 students, the same as this year's class.

He owned National Electronic Attachment, Inc. for five years, growing it by 40 percent each year, before selling it to Kohlberg Kravis Roberts and Co., a leading global investment firm, for $50 million.

Hughes said he will teach the class again next fall, but keep the enrollment Nike Air Force Ones Womens

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"Most of our students had no idea what they were getting into," Blumentritt said.

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