Wednesday, January 5, 2005

Stanford MBA Students Start Relief Effort to Honor Classmate Lost in Tsunami

STANFORD GRADUATE SCHOOL OF BUSINESS—Classmates of MBA student James Hsu have organized an effort to raise relief funds for all victims of the earthquake tsunami in Asia.

Proceeds from the fundraising effort will go to aid the estimated 150,000 victims of the natural disaster that has devastated South Asia and which also has impacted the community at the Stanford Graduate School of Business. Second-year student James Hsu has been missing since a tsunami hit the beach on Koh Phi Phi island in Thailand on Dec. 26. His sister returned from Thailand in early January after an unsuccessful effort to locate James. the family has planned a private memorial service. The date and location are not yet available.

Another second-year student, Laura Wales, was badly injured in the tsunami but is now receiving treatment in a Bangkok hospital.

In an email circulated to students, faculty, and staff, organizers said, "Structural damage to homes and villages is also staggering and will require billions of dollars to restore. This is a challenging time for many people. All of us are coping with this tragedy in different ways but everyone has agreed that we must do our part to help ease the pain in South Asia. Our goal is to help afflicted communities in South Asia as a Graduate School of Business community—students, faculty, alumni, and administrators. The target we have set for the (business school) student body is $50,000 (roughly $70 per student) which we expect to multiply with contributions from corporate donors."

All proceeds from the effort will go to the Red Cross.

Instructions for contributions by any individuals inside and outside the Stanford community can be found at: www.gsb.stanford.edu/news/headlines/hsu_howto_donate.shtml.