C. Howard McNulty funded this endowment to support fellowships for MBA students. While at UF, McNulty was the chairman of Gator Growl, president of Sigma Nu and president of the legal fraternity Phi Delta Phi. His long career in the banking industry includes positions as vice chairman and director of SunBank, president of Flagship Banks Inc. and chairman of the board of various banks throughout the state of Florida. He founded Enterprise Bank of Winter Park, FL, in 1987 and served as its chairman and president until retiring in 1994. McNulty is a member of Florida Blue Key and the University of Florida Hall of Fame.