College
Students, Scholars Are Focus of Gift
SCHOLARSHIP: A $3 million gift from E. Gerald Corrigan
will establish a professorship named for him and his wife, Cathy Minehan '68.
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 new endowed
professorship in political science.
Corrigan and his wife, Cathy E. Minehan ’68, chief executive and president
of the Federal Reserve Bank of Boston, are building on an existing scholarship
fund that assists students as well as establishing the Corrigan-Minehan Professorship
in Political Science in the College of Arts, Sciences, and Engineering. The
professorship will support a scholar who exemplifies the research and teaching
excellence of the late political scientist and Rochester scholar William F.
Riker.
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.
Corrigan, an economist who earned his master’s and doctoral degrees
from Fordham University, is a participating managing director at Goldman Sachs,
where among other responsibilities, he cochairs the firm’s global Risk
Management Committee. Prior to joining Goldman in 1994, he served the Federal
Reserve for 25 years.
Minehan, who holds an M.B.A. from New York University, is well known for her
work in national and international payment systems. She has served as a trustee
of the University since 1995 and is chair of the executive committee of the
Board of Trustees.
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