“Possessions possess. Money only increases the number of your options.”

Clarence “Clancy” Joe Herbst is known to be kind, generous and forward-thinking. He embraces innovative concepts and new technologies. He is a 1950 Graduate of CU-Boulder with a Chemical Engineering Degree and went on to pursue a successful manufacturing career. His business background includes Resinoid Engineering Corp., an auto motive parts company started by his father in Skokie, Illinois. The company has a second facility in Newark, Ohio. Clancy also owns a business in London, as well as several real estate holdings. Clancy, now 89, formerly served as volunteer chair of the CU Foundation’s Board of Directors and was chair of the enormously successful Campaign for Colorado: Frontier 2000 at CU, which exceeded it’s $200 million goal by $71.7 million. Over the years, Clancy and his wife, Linda, have given several million to all four CU campuses and the University as a whole including giving to CU educational, academic enrichment and sports programs, developmental disability programs, and scholarships for wounded veterans.

“I’ve been a success,” Clancy explains. “Many people disagree with this idea, but I believe that when you reach a certain age and you’ve been successful, it’s a downhill slide. In businees you’re not respected as much, you become obsolete – and then the body starts to wear out. Where most people fail in their 60’s, 70’s and 80s is by not taking opportunities to do a good job in the latter phases of life, and it’s sad. I live my life the way I’ve run my business. First, quality. Then, world-class manufacturing. Third, enjoy the journey.”

Clancy Herbst’s numerous CU honors include a 1995 honorary doctorate degree, a 1991 Universtiy of Colorado medal, and a 1995 Ira C. Rothgerber Award for volunteer service.

Clancy has a primary interest and focus in helping his grandson recover from a recent spinal cord injury. His grandson shattered his T12 and L1 vertebrae in a skiing accident on March 4th, 2017, and participates in the Bridging Bionics Foundation’s neuro-rehabilitation program three times per week to optimize his neurorecovery.