News and Events
Media Advisory/Photo Opportunity

Hudson Valley Community College to Recognize Businessman, Educator for Outstanding Charitable Support
Angelo Mastrangelo has donated nearly $1 million to support scholarships

CONTACT: Jason McCord (518) 629-8071 or (518) 629-7180
FOR RELEASE: Immediate, Wednesday, June 6, 2007

WHO: Angelo Mastrangelo, founder of the Second Chance Scholarship.
WHAT: The Hudson Valley Community College Foundation will recognize Mastrangelo’s generosity – he is approaching the $1 million mark in charitable support of Second Chance Scholarships for Hudson Valley students. In recognition of his generosity, the college will re-name its Financial Aid Office as the Mastrangelo Financial Aid Center.

5:30 to 7 p.m., Thursday, June 7, 2007.


Guenther Enrollment Services Center lobby
Hudson Valley Community College
80 Vandenburgh Avenue, Troy


Mastrangelo, the former owner and chief executive officer of Adirondack Beverages, established the Second Chance Scholarship in 1987 to assist students who have shown fortitude and perseverance, often in the face of adversity, to pursue their education. During the intervening 20 years, 426 Hudson Valley students have benefited from the scholarships.

Second Chance Scholarships are merit based, and provide students up to $1,750 per semester to offset the cost of tuition, books and fees. Hudson Valley was the first college to award the scholarships, which now also are given to students at Schenectady County Community College, Broome Community College, The College of Saint Rose and the University at Albany.

Mastrangelo is a visiting professor at Binghamton University’s School of Management and also runs the school’s entrepreneurship program.