UF alumni Charles H. Denny III and Wanda Nolan Denny established this scholarship in 1989. Charles Denny was the retired president of the C.H. Denny Corp., a director of Florida Rock Industries and a member of the UF Building Construction Advisory Council, where he served for several years as chairman.

Wanda Denny earned three degrees from UF and is an active supporter of the Lady Gators Tennis program and the Florida Museum of Natural History. The Dennys have five children, three of whom are UF graduates. In addition to his endowed scholarship funding, Charles Denny was a Gator Booster and an ongoing supporter of the Warrington College of Business.

Charles passed away in 201