Henry and Patricia Tippie
"My wife and I are honored by the opportunity to assist in the growth of the University and the College of Business."
It all began in 1954 with a $5 check. Henry B. Tippie, then a recent University of Iowa business graduate, put the gift in an envelope and mailed it off to his alma mater. The Belle Plaine, Iowa, native had just begun a tradition that would one day become a $30 million commitment.
The Iowa farm boy went from attending a one-room schoolhouse to making a financial contribution so generous that the UI named an entire college in his honor.
But getting this Iowan-turned-Texan to the Henry B. Tippie College of Business was a journey that started long before the $5 check.
After serving in the Army Air Force during World War II, Tippie enrolled at the University on the GI Bill, earning a B.S.C. degree in 1949. He worked for accounting firms in Des Moines and Omaha and later moved to Delaware to work for Rollins and Associates.
Throughout the years, Tippie has built his reputation as a shrewd and diverse manager and as an investor in a variety of enterprises such as transportation, communications, pest control, oil and gas, cattle ranching, gaming, and NASCAR.
Today, Tippie is a Texas cattle rancher and chairman of the board and its executive committee of Dover Motorsports, Inc., and Dover Downs Gaming and Entertainment, Inc. He also is chairman, president, and CEO of Tippie Services, Inc., a management services company.
However, no matter what his town or title, Tippie has contributed to the UI, supporting everything from athletics to Old Capitol.
Through gifts large and small, he and his wife, Patricia, have built a tradition of UI generosity that is as big-hearted as the state they now call home.
“I benefited beyond all expectations by attending The University of Iowa,” Tippie says. “My wife and I are honored by the opportunity to make a repayment and assist in the growth of the University and the College of Business.”