Endowment History – The Time Inc. Production Scholarship
May 2, 2022 | Posted in: Endowments | PGSF Blogs | Scholarships
Established in 2000
Time Inc. was an American worldwide mass media corporation founded in 1922, by Henry Luce and Briton Hadden and based in New York City. It owned and published over 100 magazine brands, including its namesake Time, Sports Illustrated, Travel + Leisure, Food & Wine, Fortune, People, InStyle, Life, Golf Magazine, Southern Living, Essence, Real Simple, and Entertainment Weekly. Time Inc. also co-operated over 60 websites and digital-only titles including MyRecipes, Extra Crispy, TheSnug, HelloGiggles, and MIMI.
In 1990, Time Inc. merged with Warner Communications to form the media conglomerate Time Warner. This merger lasted until the company was spun off in 2014, going public under the ticker TIME. In 2017, competing publisher and media company Meredith Corporation announced that it would acquire Time Inc. for $2.8 billion. The acquisition was completed in 2018.
Time Inc.’s continuing commitment to printing and graphic arts is reflected in its sponsorship of this scholarship and is only one part of an effort to encourage widespread commitment to the graphic arts field by a new generation of young professionals.
The Time Inc. Production Scholarship is part of our Senefelder group of endowments which is comprised of members that have made a gift commitment of $50,000-$99,000. To learn more about all of our endowed scholarships go to our updated online book. Learn more about the opportunities and benefits of creating an endowment with PGSF on our Endowments page. More questions – contact the PGSF Director of Development, Jeff White.
