Babson Students' Businesses Donate $31,000 in Profits to Charity.

WELLESLEY, Mass., Nov. 3 /PRNewswire/ -- Babson College freshmen have earned over $31,000 for charitable organizations while learning the fundamentals of business.

The donations were earned as part of the school's required two-semester course: Foundations of Management and Entrepreneurship (FME).

In FME, teams of freshmen begin developing their business plans in the fall semester. These FME teams created an innovative array of products and services: calendars, games, blankets, t-shirts, flavored popcorn, cell phone tags, mosaic pictures, laptop covers, chewing gum and even pillow alarm clocks. In the spring semester, the students launched 14 ventures that earned $31,234 for selected charities.

Over the past eight years, Babson FME businesses have raised over $250,000, which has been donated to local, regional and national non-profit organizations.

In addition to running their businesses, FME students donate their time and resources to local community service agencies of their choice.

 
  FME Businesses/Charities 
  * Babson in a Box, a customizable gaming product featuring college 
    experiences of an average student, brought in the largest sum of $8,984, 
    which was donated to The Boys and Girls Clubs of Boston. 
 
  * Pride Blankets, thick fleece blankets with embroidered logos and 
    customizable text, raised $4,168 for the Greater Boston Foodbank. 
 
  * My Skinz, customizable laptop covers, raised $3,232, which went to 
    Friends of the Homeless. 
 
  * MyZaic, a photographic mosaic of personal images, raised $3,145 for 
    The Charles River YMCA. 
 
  * Koketo Tees, a t-shirt company specializing in high quality cotton 
    t-shirts with designs, raised $2,584 -- half went to the YMCA and half 
    went to the Boys and Girls Club of Boston. 
 
  * Bab-Ubble chewing gum raised ...