Rick Powell, Class of 1977, dedicates himself to philanthropy

There's time now for carpooling, improving his golf game and taking the kids to various activities. But most of all, Rick Powell's new-found freedom from the rigors of running the family business means that he'll be able to devote himself fully to charitable work.

"The community needs people who can afford to help those who are less able to it on their own," he explains. "It's something I feel very strongly about and it's something I feel really good about."

Powell recently included his alma mater in his many philanthropic activities, making a $100,000 donation (thus joining the school's Chancellor's Society) that will be used for graphic design studios for Woodbury students. The five-year gift honors his wife Debbie, a graphic artist.

Powell is pleased to be a part of the remarkable growth at the university and encourages alumni to visit the Burbank campus to see the changes at the university.

"I'm incredibly impressed with what has been done to make Woodbury an excellent place to study," he says.

A Class of 1977 business major, Powell recalls his Woodbury days as busy ones. He was eager to earn his degree quickly so that the lessons learned in the classroom could be used at the furniture import business he had established with his father.

"I thoroughly enjoyed the opportunity to be taught by professors who were actually involved in the business world," he explains. "They were working and weren't just spending all their time in the classroom. I think I got luck in that experience. It helped me in my business."

Powell served as president and CEO of Powell Company in Culver City until it was sold in 2001. The Powell Company was established in 1968 and grew to become the leader of home accent furniture in the United States, carrying beds, lamps, futon sofas, glider rockers, vanities, headboards and more.

The job kept Powell on the road more than half of the year, away from his wife, 16-year-old son and soon to be teenage daughter. After a transition stint as a consultant, Powell is now simply a shareholder who is looking forward to quality time with his family and expanding his volunteer activities.

The Westwood resident has worked with non-profits for more than 30 years and credits his parents for his commitment to helping others. The elder Powells and 13 other couples whose lives had been touched by cancer are the founders of the Beverly Hills-based Concern Foundation (which stands for conquer cancer now). The independent volunteer organization is dedicated to raising and granting funds to support cancer research by providing seed money to cancer researchers worldwide in the areas of cancer genetics, cell biology and immunology.

In addition to the Concern Foundation, Powell sits on the board of Cedars Sinai, UCLA's Jonsson Cancer Center, Fulfillment Fund, Jewish Vocational Service Agency and Jewish Family Service. He also is mentoring a child and is involved with City of Hope activities.

"You put your time where want to put it and feel good about helping people," he says simply.