In 2012, Ed Hanway championed the cause of Catholic education by partnering with leaders in the Philadelphia region to save four Catholic high schools recommended for closure. The result was the creation of a separate nonprofit entity called the Faith in the Future Foundation (FIF). FIF grew out of the recommendations of the 2011 Blue Ribbon Commission to examine the challenges of Catholic education in the Archdiocese of Philadelphia. In a historic management agreement with the Archdiocese, Faith in the Future assumed strategic and operational control of all 17 high schools and four schools of special education, as well as operational oversight of the Office of Catholic Education (OCE).
Program Description: Mr. Hanway will discuss how leveraging the favorable economics of a fixed-cost business model, Faith in the Future has aimed to make a high-quality education available to an increasingly larger number of families each year, many of whom were not Catholic but who specifically sought this educational experience. This is coupled with the foundation’s effort to support outstanding academic outcomes and a high-quality education at each one of their schools. A member of the BLOCS (Business Leaders Organized for Catholic Schools) will also be present to talk about the Tax Credit program which allows businesses and individuals to offer their PA tax dollars as scholarships.
About our Speaker
Edward Hanway is Chairman Emeritus of Cigna Corporation and has been active in a wide range of issues and initiatives associated with children’s health, education, and international business. He serves as board chair of Marsh and McLennan Companies, Inc., and of the March of Dimes Foundation board. He is a former board member of the Philadelphia Orchestra and was a member of the Business Roundtable and the Eisenhower Exchange.
Hanway is a member of the American Institute and the Pennsylvania Institute of Certified Public Accountants. He is a graduate of Loyola College of Baltimore (B.A., 1974), where he serves on its board of trustees, and of Widener University (MBA, 1984). Hanway was honored in 2015 by the National Association of Corporate Directors (NACD) Directorship 100, the annual list of the most influential directors and governance or governance-related professionals.
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Free parking is available on campus.
• Registration, Networking & Breakfast
• Formal Presentation
• Q&A Session
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