M&T Bank Gift Boosts New Science Center Greenhouse and Scholarships at Hudson Valley Community College
CONTACT: Deborah Renfrew (518) 629-7180, email@example.com
FOR RELEASE: Immediate, Wednesday, April 29, 2015
The Hudson Valley Community College Foundation has received a gift of a $75,000 from M&T Bank for the college’s Science Center greenhouse and the Second Chance Scholarship fund. The Foundation will recognize M&T in a ceremony on Thursday, April 30 at 8:30 a.m. in the Science Center.
The money will be used to complete construction of the greenhouse and to provide equipment needed for its operation. The gift to Second Chance will be used to underwrite tuition.
The functional greenhouse, a feature of Hudson Valley’s Science Center, which opened in 2013, is a teaching tool and living laboratory of specialized eco systems. Students of the various science disciplines as well as other disciplines within the college can use the vast collection of plant species housed in the controlled greenhouse environment for the study of plants as biofuel material and medicines and for methods of increasing plant yields and understanding genetic modification. Features of the greenhouse include supplemental heating and irrigation systems. In total, the Science Center offers twenty-five fully equipped laboratories and 11 classrooms that serve more than 6,000 students in 25 different academic degree and certificate programs.
Second Chance Scholarships are offered by Hudson Valley Community College to students who not only have significant financial need, but who’ve overcome tremendous personal obstacles in order to pursue their education. Many Second Chance recipients are returning students seeking an opportunity to pursue a college education or a new career. Applicants must demonstrate academic achievement, initiative and the desire to achieve economic self-sufficiency through education.
This incentive-based scholarship program was started at Hudson Valley by Dr. Angelo Mastrangelo in the early 1990s and has received more than $1 million from Dr. Mastrangelo and the Second Chance Scholarship Foundation to fund more than 400 scholarships over the past 25 years.
This is M&T’s second major gift to the college. After a $50,000 contribution in 2010 to the college’s TEC-SMART (Training and Education Center for Semiconductor Manufacturing and Alternative and Renewable Technologies) facility located in Malta, a classroom there was named in honor of M&T.
“M&T Bank has been a valuable partner to the college and the Foundation. We are honored to recognize M&T for all of its support,” said Ray Kimmelblatt, Executive Director of the Hudson Valley Community College Foundation. “This current gift will aid the Science Center in continuing to provide science students with a solid educational base to enter the job market or for transfer to other institutions of higher learning. With this gift, the Foundation will also be able to increase the number of deserving students who can participate in the Second Chance Scholarship program. “
“Hudson Valley’s Science Center was a great addition to the campus and we’re happy to help the college continue to develop the greenhouse that will provide opportunities for students in our community to train for careers in the sciences. We also designated a portion of our gift for scholarships to make sure those opportunities are available to more young people,” said Michael Keegan, Senior Vice President for M&T Bank Corporation/Area Executive for Upstate New York and New England/Regional President of M&T Bank’s Albany and Hudson Valley Divisions.
"We greatly appreciate M&T Bank for its ongoing support of the college and for advancing the college’s state-of-the-art learning environment and providing new opportunities to deserving students who could not otherwise attend college,” said Hudson Valley Community College President Drew Matonak.
Founded in 1953, Hudson Valley Community College offers more than 75 associate degree and certificate programs in four schools: Business; Engineering and Industrial Technologies; Health Sciences; and Liberal Arts and Sciences; and an Educational Opportunity Center for academic and career training. One of 30 community colleges in the State University of New York system, it has an enrollment of more than 12,000 students, and is known as a leader in distance learning initiatives and workforce training. Hudson Valley has more than 75,000 alumni.