Dwight Schar
From Wikipedia, the free encyclopedia
Dwight C. Schar | |
Born | 1942 Ohio |
---|---|
Alma mater | Ashland University |
Occupation | Real Estate Developer |
Spouse | Martha Schar |
Website NVR |
Dwight Schar is an American businessman and philanthropist. He is the founder of NVR Inc, a Fortune 500 company that is the seventh-largest home builder (by revenue) in the United States[1]. He currently serves as the company's Executive Chairman and Chairman of Executive Committee[2]. He is also a part-owner of the Washington Redskins football team, [3][4]and the Finance Chairman for the Republican National Committee[5]. Schar sits on the Board of Directors for Six Flags, Inc.[6] and for the Mercatus Center at George Mason University[7]. Schar lives in McLean, Virginia.
Contents |
[edit] Background
Dwight Schar grew up in rural northeast Ohio and graduated from Norwayne High School in 1960. Schar then attended Ashland University (then Ashland College) in Ashland, Ohio, where he majored in education. After graduating from Ashland in 1964, Dwight began teaching, and on the weekends, he had a job selling homes for Ryan Homes[8]. Schar soon left teaching to pursue a career in real estate.[9] In 1980, Schar founded his own company, NVHomes[10], which eventually acquired his former employer, Ryan Homes, in 1987; the company was thus renamed NVR.[11] Today, NVR is the corporate umbrella under which NVHomes, Ryan Homes, Fox Ridge Homes, Rymarc Homes, and NVR Mortgage operate.
[edit] Political Involvement
Along with his involvement in the Republican National Committee, Schar is also a well-known financial supporter of the Republican Party and numerous Republican candidates, making contributions through his company[12] as well as private contributions from both his McLean, VA home[13] and his home in West Palm Beach, FL.[14] In both the 2000 and 2004 Bush-Cheney presidential campaigns, Schar was not only a donor, but also a major fundraiser. In the 2000 campaign, Schar was a Bush “pioneer,” the distinction given to those committed to raising $100,000 or more for the campaign. In the 2004 re-election campaign, Schar rose to the new level of “ranger,” raising $200,000 or more.[15][16]
[edit] Philanthrophy
In 2004, Schar donated $100,000 to Norwayne High School, his former high school in Creston, OH to go toward the construction of a new track and football stadium. The school named the new track the "Dwight Schar Track" in his honor. In 2006, Schar donated $5 million to his alma mater, Ashland University, to help fund the construction of their new education building. The university named the new building "Dwight Schar College of Education" in his honor.[17]
[edit] References
- ^ Executives Cashing In Shares At NVR - washingtonpost.com
- ^ Dwight Schar: Executive Profile & Biography - BusinessWeek
- ^ http://www.redskins.com/news/mediaguide/2005Ownership.pdf
- ^ Options Earn $59.4 Million for Schar - washingtonpost.com
- ^ Dwight Schar: Executive Profile & Biography - BusinessWeek
- ^ Six Flags - Investor Relations - Board of Directors
- ^ Dwight Schar: Executive Profile & Biography - BusinessWeek
- ^ Dwight Schar (with Martha)
- ^ Building a fortune anew - US News and World Report
- ^ http://www.referenceforbusiness.com/history/Mi-Nu/NVR-Inc.html
- ^ Dwight Schar: Executive Profile & Biography - BusinessWeek
- ^ NVR, Inc
- ^ NEWSMEAT ▷ Dwight Schar's federal campaign contribution search results
- ^ NEWSMEAT ▷ Dwight Schar's federal campaign contribution search results
- ^ OpenSecrets
- ^ village voice > news > The Bush-Cheney Gazillions Tour by Ward Harkavy
- ^ Ashland University has received a $5 million gift from Dwight C. Schar, chairman and CEO of NVR, a homebuilding and mortgage-banking company | Diverse Issues in Higher Education | Find Articles at BNET.com