Tag Archive for Gift

President Roth and Professor Weil Give to Financial Aid

President Michael S. Roth and Professor Kari Weil have made a $100,000 gift to Wesleyan in support of endowment for financial aid.

In announcing the gift, Joshua Boger ’73, chair of Wesleyan’s board of trustees, said:  “I can’t thank Michael and Kari enough for their generosity. Their gift represents the kind of ‘stretch gift’ that we are frequently soliciting from other alumni and their families, and I hope that all members of the Wesleyan community will follow their lead in making Wesleyan a philanthropic priority. Their support of financial aid underscores Michael’s and Kari’s superb leadership and dedication to Wesleyan’s success.”

Scholarship endowment is Wesleyan’s highest fundraising priority. Wesleyan has long sought to provide access to students regardless of their financial means.  In 2011–12, Wesleyan will spend $47 million on financial aid.

Soon after he came to Wesleyan in 2007, President Roth established a policy of eliminating loans in favor of outright grants for most students with a family income below $40,000. The policy also reduced the amount of loans required in all final aid packages by about 35 percent. This effort and all of Wesleyan’s financial aid grants, including a special scholarship program for veterans, are supported by gifts from alumni, parents and friends.

“Wesleyan’s deep and long-standing commitment to supporting financial aid reflects our belief that we should seek out the best students regardless of what their families can afford,” says President Roth. “The result is a campus community based on equality and freedom, where differences emerge from talent, ambition and creativity.”

Gift Establishes the Patricelli Center for Social Entrepreneurship

Robert and Margaret Patricelli

Wesleyan University is establishing the Patricelli Center for Social Entrepreneurship, which will support students who want to create programs and organizations serving the public good – anywhere in the world.

The Patricelli Center and its programs are supported by a generous $2 million leadership gift from the Robert and Margaret Patricelli Family Foundation. Robert E. Patricelli ’61 is chairman and chief executive officer of Evolution Benefits and of Women’s Health USA and an emeritus trustee of Wesleyan. Margaret Patricelli is president and CEO of the Robert and Margaret Patricelli Family Foundation.

The Center will provide workshops, speakers, and networking opportunities to help students become successful social entrepreneurs, and will award small grants to undergraduates engaged in specific projects. It is intended to serve as an incubator of ideas and initiatives.

“For generations Wesleyan students have been venturing into the world as social entrepreneurs, applying what they learned on campus to help others,” says President Michael S. Roth. “The Patricelli Center will build on this tradition and will prepare students to make an even greater difference in the world. I’m so grateful to Bob and Margaret for their vision and generosity.”