PSS

PULTENEY STREET SURVEY - SUMMER 2016

Frank C. Schroeder III ’65

A LIBERAL ARTS LEGACY

by Andrew Wickenden ’09

“I admire and support the mission of the Colleges to prepare students to lead lives of consequence,” says Frank C. Schroeder III ’65. “It’s more than a tagline. In a classroom, a spark ignites in the imagination and then you’ve got the fire, the passion. That’s huge.”

To enable Hobart and William Smith to foster that passion in more students, Schroeder and his wife Helen L. Elliott Schroeder ’65 will establish a substantial, wide-reaching endowed scholarship through the Scandling Trust, which will double the impact of the Schroeders’ gift.

This investment, Schroeder says, is simultaneously a family legacy, a thanks to the Colleges (“Helen was the first person I met on campus,” Schroeder recalls) and a chance to solidify more permanently his and Helen’s belief in the value of liberal arts education.

“My wife and I loved Hobart and William Smith. It was an education in the full sense of the word, not only in the classroom,” Schroeder says. “We were encouraged to explore new and exciting ideas on the journey to self-discovery while working with men and women from lots of different backgrounds. Taking advantage of the Scandling Trust was too good an opportunity to pass up; although that program is fully subscribed, I urge my fellow graduates to recognize and support the Colleges’ ambitions to recruit and inspire outstanding students.”

The scholarship will be named in honor of President Mark D. Gearan and Mary Herlihy Gearan.

“Presidents come and go but Mark and Mary have achieved something significant and long lasting, and it’s incumbent upon alums to support those achievements,” says Schroeder. “I’ve gotten to know the Gearans and have been struck by their contributions, effort and foresight. Supported by faculty, trustees and alums, they have helped take HWS to a place of higher national prominence. It was a no brainer to establish this scholarship in their name.”

“Mary and I are humbled that Frank and Helen have chosen to support the Colleges in this way,” says President Gearan. “Their generosity, their commitment to our students and their confidence in the future of the Colleges are a source of lasting pride and inspiration. With the other gracious Scandling Trust donors, Frank and Helen are helping to write an exciting new chapter in the Colleges’ history.”

The Scandling Trust was a 24-month initiative created in celebration of William F. Scandling ’49, LL.D.’67, his legacy of philanthropy and his belief in the transformative power of a Hobart and William Smith education. The Trust enabled Hobart and William Smith to leverage Scandling’s final gift to the Colleges to encourage further support of scholarship, internship and leadership funds.

When the Scandling Trust was completed this spring, the Colleges had raised more than $20 million in support of endowed internships and scholarships.

In Schroeder’s words, “a dollar goes a long way at HWS these days. The Scandling Trust makes a good gift into something really substantial and allows Helen and me to support what’s near and dear to our hearts. I’m really pleased for the school and for our family that there’s a chance for us to give back in a meaningful way and to say thanks for the lasting contributions of Mark and Mary Gearan.”

 

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