Parchman, Vaughan Continues Relationship With Morehead Cain Foundation

Parchman, Vaughan Continues Relationship With Morehead-Cain Foundation

BALTIMORE, MD, May 10th, 2011 - Parchman, Vaughan & Company, LLC, a leading middle market investment banker to the education and training industries, is pleased to announce that Mr. Grayson Cooper, a Morehead-Cain Scholar at the University of North Carolina, Chapel Hill will spend his summer private enterprise internship with Parchman Vaughan.  “Grayson brings an extraordinary background to our firm including spending the last semester working with Friendship Public Charter School in Washington, DC analyzing data on school, teacher, and student performance.  He also conducted a comprehensive evaluation of Anacostia High School” said Todd Parchman, Partner (UNC ’75 Morehead Scholar).

Grayson is a Bachelor of Arts (2012) candidate with concentrations in Educational Entrepreneurship, Mathematics, and Business.

Lara Vaughan, Partner, stated “We have had two other Scholars intern with Parchman Vaughan and they, like Grayson, are simply outstanding young leaders.  The Morehead-Cain Scholars bring us great energy and fresh thinking about the education industry.  We are grateful to the Morehead-Cain Foundation for the opportunity to learn from these Scholars.”

Since its founding in 1945, the Morehead-Cain has been a model for countless merit awards throughout the United States, including the University of Virginia’s Jefferson Scholars Program; Duke University’s Benjamin N. Duke Scholars Program; and Emory University’s Woodruff Scholars Program.

In addition to covering all expenses for four years of undergraduate study at UNC, the Morehead-Cain features a distinctive program of summer enrichment experiences. Over four summers, scholars have the opportunity to complete an outdoor leadership course, carry out public service in the United States or abroad, conduct research at sites across the world and gain experience in private enterprise.

The summer enrichment program, designed to broaden each scholar’s experience and worldview, is complemented during the academic year by a Discovery Fund that encourages deeper exploration of a particular interest. From attending development conferences in Geneva to shadowing emergency room doctors in Boston, Morehead-Cain scholars are given the resources to pursue educational opportunities wherever they find them.

As set out in the program’s founding documents, selection criteria for the Morehead-Cain are leadership, academic achievement, moral force of character and physical vigor. Morehead-Cain recipients are chosen solely on the basis of merit and accomplishment, not financial need.

Currently, more than 240 Morehead-Cain scholars study on campus, making outstanding contributions across the full range of University life. From student government to community service to the performing arts, Morehead-Cain Scholars play a prominent role in Carolina’s vibrant student community.

In the past nine years, twelve Morehead-Cain scholars have won Rhodes Scholarships to England’s Oxford University, one of the world’s most competitive and prestigious awards for graduate study. Since the first Morehead Scholars graduated from Carolina in 1957, 29 of UNC’s 32 Rhodes Scholars have been Morehead-Cain graduates.

Morehead-Cain Scholars have accounted for 21 of the University’s 30 Luce Scholars and 19 of Carolina’s 32 Truman Scholars, among the nation’s most generous and distinguished awards for graduate study. Twenty-six Morehead-Cain Scholars have won Fulbright Fellowships.

Like our scholars, the nearly 3,000 Morehead-Cain alumni across the world are a diverse and distinguished group. They include:

·         Pulitzer Prize-winning author Taylor Branch;

·         U.S. Congressmen Jim Cooper, Mike McIntyre, and David Price;

·         Jonathan Reckford, Chief Executive Officer of Habitat for Humanity International;

·         Sallie Krawcheck; President of global wealth and investment management for Bank of America

·         Karen Stevenson, a Los Angeles attorney and the first black American woman to win a Rhodes Scholarship;

·         Tim Sullivan, Chief Executive Officer of

·         Adam Falk, President of Williams College

·         Peter Blair Henry, Dean of New York University’s Stern School of Business; and

·         Francis Collins, Director of the National Institutes of Health.