Marist College announces largest gift in college's history

 

Poughkeepsie, NY –Marist College has announced today that the College has received the largest gift in its history.  A bequest by one of the 20th century’s leading businessmen and industrialists conservatively estimated at $75 million will lead to the development of a new program to educate and train individuals in the art of leadership for careers in business, government, and the nonprofit sector.

Raymond A. Rich bequeathed to Marist a 60-acre riverfront estate in the Ulster County Town of Esopus.  In addition, Mr. Rich has designated approximately $10 million for an endowment to support the Raymond A. Rich Institute for Leadership Development, which will be housed at the Esopus estate.  The Raymond A. Rich Institute will focus on developing the communication, interpersonal, and social skills necessary to lead complex organizations in a global setting.

For more information please visit the Marist web-site:  www.marist.edu For more information about the Raymond A. Rich Institute we invite you to visit http://www.marist.edu/richinstitute/

 

About Marist:

Marist College, recognized for excellence by U.S. News & World Report, TIME Magazine and the Princeton Review, and by Barron's Best Buys in College Education, is noted for its leadership in the use of technology to enhance the teaching and learning process.

Founded in 1929, Marist's 150-acre campus overlooks the Hudson River in the heart of the historic Hudson Valley, midway between New York City and Albany, the state capital.

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