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10/28/2010
Hudson Valley Community College Foundation is Recipient of $50,000 Gift from M&T Bank Photo Available

CONTACT: Deborah Renfrew (518) 629-7180, d.renfrew@hvcc.edu
FOR RELEASE: Immediate, Thursday, Oct. 28, 2010

Tracey Wardwell, M&T vice president; Michael T. Keegan, M&T Bank regional president for Albany and Hudson Valley North; Drew Matonak, Hudson Valley Community College president; Courtney Haydock from the M&T Charitable Foundation and Sarah Boggess, president of the Hudson Valley Community College Foundation.
Tracey Wardwell, M&T vice president; Michael T. Keegan, M&T Bank regional president for Albany and Hudson Valley North; Drew Matonak, Hudson Valley Community College president; Courtney Haydock from the M&T Charitable Foundation and Sarah Boggess, president of the Hudson Valley Community College Foundation.
The Hudson Valley Community College Foundation has received a $50,000 gift commitment from M&T Bank to benefit the college's TEC-SMART (Training and Education Center for Semiconductor Manufacturing and Alternative and Renewable Technologies) facility located in Malta. The funds will be utilized to support the facility.

"Hudson Valley Community College plays an important role in preparing students for the careers of a global economy. M&T's investment in the TEC-SMART initiative is an investment in a state-of-the-art facility that is training Capital Region residents for the economic engine that will propel our region's future. M&T Bank's success is directly related to the economic health of the communities we serve, and our support of this classroom is indicative of our commitment to Capital Region's success," said Michael T. Keegan, M&T Bank Regional President for Albany and Hudson Valley North.

In honor of M&T's leadership commitment, the Hudson Valley Community College Board of Trustees voted this fall to name a classroom at TEC-SMART in honor of the bank for its support of the facility and the college's technology students.

M&T also has donated $10,500 over the past three years to support scholarships for the college's "College in the High School" program, which allows local students to take college-level coursework before graduating from high school.

"M&T Bank is a great friend and partner to the college and its charitable foundation. It is a thrill for the Foundation to be able to recognize M&T for its leadership gift to TEC-SMART," said Sarah Boggess, president of the Hudson Valley Community College Foundation. "With this gift, M&T is making the region a better place. The TEC-SMART facility is going to be training the workforce of the 21st century, and M&T leaders understand the importance of this unique facility."

Boggess also thanked M&T Vice President Tracey Wardwell, who serves as an officer on the Foundation Board of Directors.

M&T's most recent commitment was made as part of the Foundation's comprehensive campaign, The Promise of Our Region: The Campaign for the Community, which has sought funding for the college's high-tech, nursing and automotive programs.

"Hudson Valley Community College is most appreciative of the strong support demonstrated by M&T Bank by this generous gift for the vision of both the present and the future expressed by the TEC-SMART facility. It is our great pleasure to recognize this support by naming one of its classrooms in the bank's honor," said Hudson Valley Community College President Andrew Matonak. "As well as being a training facility for semiconductor manufacturing and green technologies and a showcase for energy-efficient technologies itself, TEC-SMART is a place for the community-at-large to learn about energy issues and emerging technologies and the promise they bring to our region and the world."

TEC-SMART, featuring more than a dozen state-of-the-art classrooms and laboratories, opened in January as an educational facility as well as a training center for students interested in semiconductor manufacturing and green technologies. Successful graduates from the college's Semiconductor Manufacturing Technology program may find employment at GlobalFoundries, located in the Saratoga Technology and Energy Park (STEP) near TEC-SMART. The TEC-SMART facility also trains workers in home-energy efficiency, geothermal technology, alternative fuels and wind energy.

The facility itself is a model of sustainability. It features solar power, passive and ground-source heating, natural lighting and the use of salvaged and local materials in construction. Two 120-foot wind turbines provide a portion of the building's electricity and are used as a training tool for the wind technician program. TEC-SMART is a joint initiative between Hudson Valley and the New York State Energy and Research Development Authority (NYSERDA).

Naming opportunities exist for eight classrooms, four laboratories, the auditorium, educational center, entrance courtyard and clean room, as well as for the TEC-SMART facility itself.

Established more than 150 years ago, M&T has nearly 750 branches throughout the northeastern United States and employs approximately 14,000 workers. The bank, which operates as a community bank, provides millions of dollars each year to community-based organizations through its charitable foundation.

The Hudson Valley Community College Foundation is a not-for-profit charitable organization that was formed in 1983 to philanthropically support the college's mission. Gifts from alumni, corporations and friends are used to enhance programs, facilities and scholarship opportunities at the college.

Founded in 1953, Hudson Valley Community College offers more than 70 associate's degree and certificate programs in four schools: Business; Engineering and Industrial Technologies; Health Sciences; and Liberal Arts and Sciences; and workforce and academic preparation programs offered through the Educational Opportunity Center. One of 30 community colleges in the State University of New York system, it has an enrollment of nearly 14,000 students, and it is known as a leader in distance learning initiatives and worker retraining. Hudson Valley has more than 65,000 alumni.