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August 2005 Bass Honored with Arbuckle AwardThe founder of Keystone, one of the most successful private investment and holding companies in the nation, Robert M. Bass says his job description is simple: Figure out what needs to be done and do it. Bass made the remark at a formal dinner Feb. 23 honoring him as the 35th recipient of the Arbuckle Award, presented by the Stanford Business School Alumni Association. Bass was introduced by Business School Dean Emeritus Michael Spence, a partner in Oak Hill Securities, one of Bass’s investment partnerships. Citing Bass and his companies for their commitment to social responsibility, Spence said, “There is no sharp separation of investment returns narrowly defined and overriding social values. The organization won’t invest in enterprises that adversely affect the environment, the moral fiber of society, or broadly impair the health of people.” Spence also cited Bass and his wife, Anne, for their many philanthropic interests, while at the same time noting their desire not to seek public recognition. “Together they have set the high-water mark in philanthropy for insight, impact, leverage, modesty, and humility,” Spence said. Bass is currently a member of the Stanford Board of Trustees, the board of the Stanford Management Company, and the Business School Advisory Council. He is also chairman emeritus of the National Trust for Historic Preservation. |
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