Couple creates $1 million endowment, $100,000 scholarship in business

University Park, Pa. – Penn State alumni Joan and David Amble have committed $1 million to create the Joan and David Amble Endowment for Leadership, Honor, and Integrity in the Penn State Smeal College of Business. The couple also is establishing the Joan and David Amble Trustee Scholarship for Smeal students with a gift of $100,000. Both graduated in 1975 with degrees in accounting.

A member of the Smeal College Board of Visitors and a 2010 Distinguished Alumna of Penn State, Joan Amble has served as corporate comptroller and executive vice president of American Express since December 2003. David Amble is a vice president of GE Capital and is chairman and acting CEO of GE SeaCo, a joint venture in which GE has a 50 percent interest.

With the Amble Endowment and Trustee Scholarship, the Ambles will support future initiatives associated with the Smeal Honor Code, as well as students who embody the spirit of honor and integrity.

"We're grateful for all that Penn State gave us and thrilled to have the opportunity to express our appreciation with this gift," said Joan and David Amble.

"Joan was influential in the establishment of the Smeal Honor Code and the Amble's gift will help ingrain those values into the Smeal experience and perpetuate them throughout our students' careers as well," said James B. Thomas, the John and Becky Surma dean of the Smeal College of Business.

The Ambles' gifts will move the college toward the goals of For the Future: The Campaign for Penn State Students. The campaign is directed toward a shared vision of Penn State as the most comprehensive student-centered research university in America, and is the most ambitious effort of its kind in Penn State's history, with the goal of securing $2 billion by 2014.

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Last Updated April 20, 2011