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Building a Legacy

Michael Renzulli, PHR ’63, establishes more than one legacy at Temple.

When Michael Renzulli, PHR ’63, retired chairman of Sally Beauty Supply, was asked how he turned around the financially troubled company, his reply was simple. “I was able to assemble a team of ordinary people and called upon them to do extraordinary things.”

Renzulli has applied the same strategy to his new effort at Temple.

Michael and Vicky Renzulli
Michael, PHR '63, and
Vicky Renzulli
He has pledged a $1 million scholarship gift and challenge grant to create the Renzulli Family Scholarship Fund in the School of Pharmacy. It is the largest pledge in the school’s 108-year history.

Renzulli’s gift is not his only legacy at Temple. His father, Dante Renzulli,
PHR ’39,
and grandfather, Michele Renzulli, PHR ’18, also graduated from the School of Pharmacy. All three men went on to run the family business—a West Philadelphia pharmacy—until Michael left to join Alberto Culver. During his 40-year career with the personal-care company, he reinvigorated an entity that is now called Sally Beauty Supply, which grew from a handful of stores in the New Orleans area to more than 3,000 stores in the U.S. and around the world.

His gift to Temple is another opportunity for growth. Half of Renzulli’s historic pledge is a $500,000 challenge to School of Pharmacy alumni and friends. Over the next five years, he will match every gift designated in support of any endowed scholarship fund at the school up to $500,000.

“The Renzulli family and the Temple School of Pharmacy go back nearly 100 years,” he says. “Our family has greatly benefited from the education we received from this fine institution. I will always appreciate the support I received from the faculty and from fellow classmates, and want all deserving pharmacy students to be able to enjoy this valuable experience and education.”

In addition to this pledge challenge, Renzulli will provide the school with an additional fiveyear gift of $500,000 that will fund term scholarships for students in their third and fourth years of professional study who exhibit strong leadership, strive for academic excellence and demonstrate financial need. These scholarship winners will be known as Renzulli Scholars.

For many professional students, additional support is crucial. By the time they begin their third year of professional study, most have relied on financial aid to continue their education. For example, of the 154 graduates of the School of Pharmacy in 2009, 145 needed private loans. Renzulli’s gift will ease such financial challenges.

“I thank Michael Renzulli for his generous and transformational gift,” says School of Pharmacy Dean Peter Doukas. “In creating the Renzulli Family Scholarship Fund, he echoes Russell Conwell’s vision to provide educational opportunity to students regardless of their economic
station in life.”

For more information about how you can participate in the Renzulli Family Scholarship Fund, contact School of Pharmacy Director of Development Christopher Van Vessem at 215-707-9457 or visit