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| By: Associated Press |
| Published: September 13, 2006 |
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An oil executive has donated $100 million to Yeshiva University, the largest gift in the traditionally Jewish school's 120-year history, the university announced Wednesday.
The donation by Ronald P. Stanton, chairman of petrochemical and fertilizer fuel company Transammonia Inc., will create a fund overseen by university president Richard M. Joel to recruit top faculty, renovate and acquire university facilities and support research and scholarship.
"We are extremely grateful to Ron for his historic beneficence, as well as his steadfast confidence in Yeshiva University's mission," Joel said. The contribution will ensure the 7,200-student school remains a top-tier American research university, he said.
"The people who created Yeshiva University expressed a boldness of purpose and imagination as well as the dedication and willingness to give of themselves in order to achieve where we are today," Stanton said. "I have confidence in President Joel's far-reaching vision of where the university should be tomorrow, and am thankful to be able to give my own contribution to help him achieve it."
The university has three undergraduate schools, including a women's college and business school, and graduate programs including Albert Einstein College of Medicine and the Benjamin N. Cardozo School of Law. |
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