This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Claremont McKenna College Announces $50-Million Unrestricted Gift From George Roberts '66 P'93

CLAREMONT, Calif., Dec. 5, 2012 /PRNewswire/ -- The Campaign for Claremont McKenna surged past the $600-million mark this week with the announcement of a $50-million unrestricted gift from trustee and alumnus George R. Roberts '66 P'93.

(Photo: http://photos.prnewswire.com/prnh/20121205/SF24389)

The College now has achieved not only the largest goal in its 66-year history, but also the largest campaign ever staged in liberal arts college history.

In honor of Roberts' extraordinary gift, the Board of Trustees will designate a new fitness and athletic facility as The Roberts Pavilion.

Board Chairman Harry T. McMahon '75 P'08 P'09, praises Roberts for the wide-ranging impact of his philanthropy at CMC and the decisive role of his gift in reaching the Campaign goal.

" Claremont McKenna College teaches leadership, George Roberts lives it...at the highest standard," McMahon says. "His entrepreneurial zeal and vision for making the College the best it can be has been one of our greatest blessings. George's dedication to his alma mater has had a tremendous impact on virtually all aspects of life at CMC...and for that we cannot thank him enough."

Designed by award-winning Los Angeles-based JFAK Architects, the Roberts Pavilion will replace the 55,000-square-foot Ducey Gymnasium with a 120,000-square-foot, three-level facility. At more than double the size of Ducey, the Roberts Pavilion will support the College's co-educational program of 21 varsity sports (including an arena for basketball and volleyball that satisfies NCAA regulations) and its leadership in Division III of SCIAC. The building will also house the Department of Physical Education and Athletics.

"CMC is a place that continues to grow and excel, and it is a privilege to support its terrific momentum," Roberts says. "We have a great community here. Our student-athletes have the right attitude for both work and play. They deserve a fitness and athletic facility that mirrors the quality of their educational and residential experiences. I am honored that the CMC Board of Trustees has chosen to recognize my unrestricted gift by naming The Roberts Pavilion."

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs