PHILADELPHIA -- Evelyn Y. Davis, a nationally recognized advocate for shareholder rights, and the Evelyn Y. Davis Foundation have contributed $100,000 to the University of Pennsylvania to endow a scholarship for students pursuing careers in business or political journalism.  Her gift will be recognized with a brass plaque in the lobby of Houston Hall, Penn student center.

 In announcing the gift, Penn President Judith Rodin said, "Evelyn Y. Davis is offering a unique opportunity to Penn students who seek to bring greater understanding to business and politics through journalism.  Her gift recognizes the need for more discerning and unbiased reporting in both fields."

Davis publishes the influential corporate newsletter "Highlights and Lowlights" and has made a career of defending the interests of shareholders.  She attended her first shareholder meeting years ago at IBM and today travels to more than 40 meetings annually, often commanding attention through her probing and challenging questions.

 As editor of "Highlights and Lowlights," Davis has been attending White House press conferences since 1978 and has been recognized by presidents. Her publication offers political analysis and timely business coverage in corporate governance matters for corporate chief executives.

Davis, a resident of Washington, D.C., studied business administration at George Washington University.