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February 5,
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Corrigan endows professorship, scholarships
Economist E. Gerald Corrigan, a former chief executive
officer of the Federal Reserve Bank of New York and a current managing
director at Goldman Sachs, is making a $3 million gift to the University
for scholarships and for a professorship in political science.
Corrigan and his wife, Cathy Minehan ’68, chief
executive and president of the Federal Reserve Bank of Boston and a member
of the Board of Trustees, are building on an existing scholarship fund that
assists students as well as endowing a professorship.
“This extraordinary gift is a remarkable symbol
of Jerry Corrigan and Cathy Minehan’s commitment to the University
and exemplifies the value they place on supporting students and
faculty,” says President Seligman.
The gift will establish the Corrigan-Minehan
Professorship in Political Science in the College. The professorship will
support a scholar who epitomizes the research and teaching excellence of
the late political scientist William Riker, who revolutionized the modern
study of political science. Part of the new Corrigan gift will broaden the
existing Corrigan-Minehan Scholarship Fund. Students with significant
financial need, underrepresented minorities, athletes in good academic
standing, and those pursuing research in the social sciences directed by a
faculty member can benefit.
“This marvelous gift directly supports the core
mission of the College to provide outstanding educational and research
opportunities for students,” says Peter Lennie, the Robert L. and
Mary L. Sproull Dean of the Faculty of Arts, Sciences, and Engineering.
“Scholarship aid opens our doors ever wider to excellent students
with financial need.”
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