$15 Million Gift and New Name for Community College

Monday, April 29, 2013

The Stella and Charles Guttman Foundation is giving $15 million to New Community College, one of the largest donations ever for a public two-year college. The foundation is giving an additional $10 million to increase graduation rates at all seven community colleges of the City University of New York.

For prestigious private colleges, where donations that top $100 million are increasingly common, $15 million might buy naming rights to a new building or a laboratory. But for a community college, a donation of that size is both rare and transformative, and so New York’s newest community college is getting a new name: the Stella and Charles Guttman Community College...

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