PURCHASE, N.Y. -- Emily and Eugene Grant of Mamaroneck, supporters of higher education and arts patrons, provided a $5 million gift to Purchase College-SUNY, it was announced on Thursday.
The money will establish three new funds that will support the Provost’s Office for Faculty and the Conservatory of Music. With this latest gift, the Grants have cumulatively donated more than $10 million to Purchase College.
The Grants, longtime residents of Mamaroneck,have previously funded hundreds of deserving students at Purchase College through the Eugene and Emily Grant Merit Scholarship and the Eugene and Emily Grant Music Scholarship programs.
Their most recent donation – the Grants' largest gift ever to the college – will offer incentive awards for faculty; cover production expenses for the opera program, such as royalties, costumes and guest artists; and provide unrestricted funds for the Conservatory of Music’s greatest needs.
“My husband and I believe in the positive impact of quality public higher education, and we are proud to continue our support of Purchase College,” said Emily Grant, who joined the board of the Purchase College Foundation in 1969, serving as chairwoman for 18 years. “Through our latest gift, including both endowed and nonendowed funds, we hope to enable the college to see immediate impact and help the institution meet and sustain its long-term needs.”
“The Grants have been one of our most steadfast supporters for more than 40 years, and their tremendous influence can be seen throughout Purchase College,” said Purchase College President Thomas J. Schwarz.
The new $5 million gift will establish three funds:
- The Eugene Grant Faculty Incentive Fund ($2 million nonendowed) will help recruit and retain faculty who advance the academic quality of the institution and support college priorities in teaching, learning and student success. This fund will also establish the Eugene Grant Distinguished Scholar for the Liberal Arts.
- The Emily Grant Opera Performance and Production Fund ($1.25 million endowed; $250,000 nonendowed) will provide support for productions of the opera program within the Conservatory of Music and the School of the Arts.
- The Emily Grant Director’s Excellence Fund ($1.25 million endowed; $250,000 nonendowed) will help meet the Conservatory of Music’s greatest needs and support undergraduate and graduate student scholarships, faculty and staff awards, as well as facility enhancements.
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