Maurice H. Stans

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Maurice H. Stans, wiki "a Shakopee philanthropist, had a successful career in both the public and private sector. Born in Shakopee, Minnesota in 1908. He received his primary education at St. Mark's School and secondary education at Shakopee High School. In 1925, he graduated from Shakopee High School with highest honors. He studied accounting at Northwestern University, in Chicago, and at Columbia in New York.

"After receiving his CPA degree he spent more than twenty-five years in public accounting. In 1928 Stans became a junior partner in the CPA firm of Alexander Grant and Co., by 1940 he was an Executive Partner, a position he held until 1955. When Stans started working at Alexander Grant it was a small accounting firm with only five partners and a dozen employees working out of small offices in Chicago and New York. When he left in 1955, Alexander Grant and Company had grown into a national organization with offices in twenty cities and approximately five hundred employees. Iin 1955 Stans was elected President of the American Institute of CPA's and he also received its annual Gold Medal Award for distinguished public service.

"Maurice Stans served during Dwight D. Eisenhower's presidential administration as Deputy Postmaster General, Deputy Director of the Bureau of the Budget, and Director of the Bureau of the Budget. After returning to the private sector as a business consultant in the 1960's, Maurice Stans was named by Richard Nixon to be Secretary of Commerce (January 21, 1969 - February 15, 1972)...

"Stans resigned his post as Secretary of Commerce in 1972 to serve as Chairman of the Finance Committee for President Nixon's re-election campaign. The campaign has two committees; the fund-raising committee was responsible for soliciting donations, and the campaign committee was responsible for strategy and determining when, where, and how to expend the money raised by the fundraising committee. Maurice Stans was entangled in the Watergate scandal while serving as Finance Chairman for President Nixon's re-election campaign...

"Maurice Stans' successful career in the private sector led to the establishment of the Stans Foundation; a private foundation established in 1935 by Maurice and his wife Kathleen." [1]

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  1. Maurice H. Stans, Stans Museum, accessed June 13, 2010.