The donation is one of the largest unrestricted gifts made to the college since the Foundation was created in 1983.
"The Allstate Foundation is committed to making a difference in the community, and providing support for organizations that enable people to achieve their life\'s ambitions," said Vincent A. Fusco, Allstate\'s New York Field Vice President. "By providing a Foundation grant to Hudson Valley Community College, we are helping the college to continue to deliver cutting-edge educational programs and facilities to the students of New York.
"The Allstate Foundation is proud to partner with Hudson Valley in educating our leaders of tomorrow," Fusco added.
Gifts to the non-profit Foundation from alumni, businesses, faculty, staff and friends are used to enhance programs, facilities and scholarship opportunities at the college.
"The generosity of the Allstate Foundation will help ensure that Hudson Valley continues its long-standing tradition of providing a quality education that prepares our students well, whether they continue their education at a four-year college or university or begin work after graduation," Hudson Valley President Marco J. Silvestri, Ph.D., said.
The Foundation's Annual Fund is used to enrich the educational experience for students in many ways, including through the purchase of vital classroom equipment, and the funding of innovative academic initiatives and curriculum development.
The Allstate Foundation, founded in 1952, is an independent corporation funded by contributions from The Allstate Corporation, the nation's largest publicly held personal lines insurer. Widely known through the "You're In Good Hands With Allstate" slogan, Allstate provides insurance products to more than 16 million households and has approximately 12,900 exclusive agencies and financial specialists in the U.S. and Canada.
Founded in 1953, Hudson Valley Community College offers more than 50 degree and certification programs in four academic divisions: Liberal Arts and Sciences; Engineering and Industrial Technologies; Health Sciences; and Business; as well as programs run through the Educational Opportunity Center offering certification programs in workforce and academic preparation. One of 30 community colleges in the State University of New York system, it has an enrollment of more than 11,000 students, and it is known as a leader in distance learning initiatives and worker retraining. Hudson Valley has nearly 60,000 alumni.