Connecticut College receives $20 million gift, the largest in its history


NEW LONDON, Conn., Sept. 8, 2015 (GLOBE NEWSWIRE) -- Connecticut College announced today that 1988 alumnus and trustee Robert Hale, president and CEO of Granite Telecommunications, and his wife Karen have made the largest gift in the College's history. The $20-million gift will take Connecticut's premier liberal arts college to new levels of excellence by providing $10 million in scholarships; $5 million in support of the College's nationally recognized career program; and $5 million for improvements to the College's athletics facilities.

"Thanks to the Hales' generosity, we are starting a new chapter in the history of Connecticut College — one that will make our already great College even greater," said President Katherine Bergeron during a special announcement celebration outside the newly renovated Charles E. Shain Library, Sept. 8.

In making this transformative gift, the Hales are helping to affirm the College's commitment to access by expanding financial resources in order to ensure that the exceptional education it offers is available to an even broader range of talented students. To achieve this, a new Hale Scholars Program will be established that supports the College's longstanding promise to meet 100 percent of an accepted student's demonstrated financial need.

"Connecticut College is one of only a few colleges that makes that promise to our students," Bergeron said, "and the Hale gift is going to help us expand that promise."

Additionally, the gift recognizes the importance of intentionally linking students' academic and intellectual development to their lives post-graduation by providing critical resources to support the continued growth of the College's nationally recognized career program. Ranked by the Princeton Review among the top 20 in North America — the only liberal arts school in New England to have that distinction — the career program can now attract visionary, dynamic leadership through the creation of a newly endowed position, the Hale Family Director of Career and Professional Development.

"Connecticut College today is at the lead of the career preparation arena," Robert Hale said. "We're going to build on that strength."

The Hale gift will also improve the College's athletics facilities.  A third of the College's student body currently participates in varsity athletics, and many other students are involved in club sports. By enhancing the athletics facilities for students, the College will be better positioned to attract even more scholar-athletes.

"The ability to be on a team helped shape me in many ways," said Robert Hale, a history major and varsity lacrosse player at the College. "Winning and losing, and handling both of them with grace are important life experiences."

Recognized repeatedly for his philanthropy and community engagement, Robert Hale currently serves on the board of Brigham & Women's Hospital, Boston Children's Hospital, Deerfield Academy and the Massachusetts Soldiers Legacy Fund, an organization that raises funds for the college education of children of fallen service members. Karen Hale is also a passionate advocate for education, serving as a trustee of South Shore YMCA and as a former trustee of Old Colony Montessori.

Together, they want Connecticut College to remain at the forefront of excellence.

"There is a brilliant liberal arts education to be had at Connecticut College, one that creates vibrant, thoughtful adults," Robert Hale said. "We simply wanted to do our part to help the school build on its excellent foundation, and we hope others will join us as we take the College to the next level of greatness."

For more on the Hale gift and Connecticut College, visit www.conncoll.edu/september8
 
About Connecticut College

Ranked among the most selective private liberal arts colleges in the nation, Connecticut College has an enrollment of 1,900 men and women from 44 states, the District of Columbia, and 70 countries. The college is particularly known for interdisciplinary studies, innovative international programs, paid internships, and a wide range of student-faculty research opportunities. Founded in 1911, the college operates under a 90-year-old Honor Code. The scenic 750-acre campus is managed as an arboretum and overlooks the Long Island Sound. For more information, see www.conncoll.edu.

A photo accompanying this release is available at:
http://www.globenewswire.com/newsroom/prs/?pkgid=35880



            
Connecticut College Logo

Kontaktdaten