Guy E. Beatty, a commercial real estate industry pioneer, philanthropist, and friend of the College of Charleston School of Business, quietly passed away on October 4 and was laid to rest on Tuesday at his home in Virginia.
Guy and his wife, Betty, were long-time supporters of business students and faculty through their generous philanthropy and service to the School of Business. The School extends our deepest sympathy, thoughts and prayers to the entire Beatty family including their son, John, a member of the Board of Governors, their daughter, Susi ’86, and grandson, Brian ’06.
“We will miss Guy’s smile, commitment to our students and extraordinary philanthropy leadership,” says Alan T. Shao, Dean of the School of Business. “He has a permanent place in our history and we are all grateful for that.”
History of Commitment to the School of Business
When Guy became a member of the Board of Governors in 1998, the School was expanding in both number of students and scope of programs. It was apparent that a new facility was needed to meet the needs of the students and faculty. Guy and Betty Beatty made the lead gift to help enable the construction of the Beatty Center which opened its doors in 2007, and today is “home” to approximately 1,800 business students and 75 faculty members.
Under Beatty’s leadership, the Beatty family has established and continually supports the Guy E. Beatty Scholarship Fund. Since 1997, 80 students have benefitted from Beatty scholarships made available on a competitive basis to incoming freshmen who express their interest in a business major. Each Beatty Scholarship recipient can receive the scholarship through their four years at the College.
Put simply, the scholarships enable students to achieve their full potential in the School of Business and after graduation. Guy and Betty often made time on an annual basis to meet and get to know the students benefiting from their generosity. Each year’s cohort of recipients has become affectionately known as the “Beatty Bunch.”
For Guy, life was full of endless possibilities when hard work is the corner stone of achievement. He once advised students, “It’s important for everyone to look inside, soul search, and determine what you want to get out of life, and how you are going to get it. Most importantly, do your homework and be prepared.”
In 2011, Guy and Betty were inducted onto the Wall of Honor for their “transformational and lasting impact” on the School of Business. View the recognition video that was produced for the Wall of Honor Celebration.