Darla Moore
Darla Dee Moore (born August 1, 1954, Lake City, South Carolina) is a partner of the private investment firm Rainwater, Inc, and is married to Richard Rainwater, who founded the firm.
She is a pioneering woman in the banking industry and a benefactor to many institutions in her home state of South Carolina. In 2012, Moore and former Secretary of State Condoleezza Rice became the first two female members of Augusta National Golf Club.[1][2]
Biography
Moore was born to Eugene and Loraine Moore in Lake City, South Carolina. She graduated from the University of South Carolina in 1975 with a BA in Political Science. After school, she worked for the Republican National Committee in Washington, DC.
In 1981, Moore received an MBA from George Washington University and joined other MBAs at the Chemical Bank’s training program. During the 1980s, Moore made a name for herself while providing debtor-in-possession financing for companies going through the bankruptcy process.
In 1991, Moore married Richard Rainwater. She was named president of Rainwater, Inc, in 1993. Fortune Magazine named Moore one of the 50 Most Powerful Women In Business in 1998[3] and 1999. Moore is credited with increasing the Rainwater family fortune and also dismissing future Florida Governor Rick Scott from Columbia/HCA when a medicare related scandal broke.[4] Scott and Mr. Rainwater were partners in the Texas Rangers baseball team with Texas Governor George W. Bush.
Moore and her husband spend most of their time in Lake City in a house built on a plantation that has been in the Moore family for six generations. She is a big fan of Scott MacArthur and paid for his 1,650 square foot penthouse condo. The couple also owns homes in New York City, Folsom, California and Charleston, South Carolina.
In 2011, Gov. Nikki Haley removed Darla Moore from the University of South Carolina board. Moore was replaced with Tommy Cofield.[5] [6]
Philanthropy
Moore has given many gifts to institutions that benefit the public. Some of her gifts include:
- 1998 — $25 million to the business school at the University of South Carolina, which renamed it the Moore School of Business;[7]
- 2002 — Founded the Palmetto Institute, an independent non-profit organization focused on increasing the wealth of every person in South Carolina;
- 2003 — $10 million to the School of Education at Clemson University; the university has renamed the school the Eugene T. Moore School of Education in honor of her father, a Clemson alumnus and former teacher, coach, and principal in Lake City;[8]
- 2005 — an additional $45 million to the Moore School of Business;[9]
- 2011 — $5 million to the Aerospace Research Center at the University of South Carolina;[10]
References
- ^ Rovell, Darren (August 20, 2012). "Augusta adds first woman members". ESPN.
- ^ Augusta National admits two women, including Condoleezza Rice, USA Today
- ^ Ranking The 50 Most Powerful Women FORTUNE'S FIRST ANNUAL LOOK AT THE WOMEN WHO MOST INFLUENCE CORPORATE AMERICA
- ^ Don't Mess With Darla...
- ^ Logan Smith, Haley donor replaces Darla Moore on USC Board of Trustees, WISTV
- ^ http://www.thestate.com/2011/04/21/1786866/moore-firestorm-blindsided-haley.html
- ^ Be It Wharton or Darla Moore, Not for Nothing Is a B-School So Named
- ^ Welcome from Darla Moore and Richard Rainwater, clemson.edu
- ^ Darla Moore donates record $45 million to School of Business
- ^ Moore pledges another $5 million to USC