MC_2006_Spring_Campaign_07
5/8/06
6:29 PM
Page 5
New York Life Insurance Luncheon Hosted It is axiomatic that the personal approach works best in development and fund-raising work. Alumnus and trustee Patrick Boyle ’75, who is also executive vice president, New York Life Investment Management, decided to apply this approach with his colleagues in a corporate environment. On October 18, he hosted a luncheon for his fellow executives at the New York Life Insurance Company home office in New York City. In attendance were: Michael Gallo ’76, senior vice president and chief of staff; Andrew Hajducek ’75, first vice president, corporate information department; Robert Hynes ’75, vice president, agency; Charles Lynch ’76, first vice president, corporate Internet; James McNicholas ’70, director, guaranteed products; Mark Pfaff ’80, senior vice president, Northeastern agencies; and Denise Spillane ’84, director, MacKay Shields. Representing the College were Michael McMorrow ’64, executive director, Sesquicentennial Capital Campaign, and Stephen Laruccia ’67, director of major gifts. As Boyle stated from the outset, the purpose of the luncheon was to provide an update on Manhattan College’s Sesquicentennial Capital Campaign and to discuss a special project of the Financial Services Advisory Council (FSAC) — an endowed chair in the school of business. “The FSAC’s goal to raise funds for an endowed chair in business is something I feel strongly about, and I wanted my colleagues to hear about it firsthand,” Boyle said. During the luncheon, the group received a recap of capital campaign progress. McMorrow announced that gifts and pledges now total in excess of $103 million (at press time, the total was $120 million) toward the objective of $150 million. He went on to speak about the FSAC and its work in securing funding for an endowed chair for the school of business, which so far has raised $1.3 million toward the needed $1.5 million. He asked the alumni guests to consider supporting this vital project.
New York Life Insurance luncheon attendees, from left to right: Mark Pfaff ’80, Andrew Hajducek ’75, Robert Hynes ’75, Charles Lynch ’76, Michael Gallo ’76, Denise Spillane ’84, James McNicholas ’70 and Patrick Boyle ’75.
Laruccia spoke about the campaign’s focus on endowment: half of the overall objective, $75 million, has been earmarked for endowed chairs and endowed student scholarships. Endowment is the most fundamental need of all because it supports so many aspects of the Manhattan College educational experience and provides a steady stream of income to meet those needs. McMorrow expressed a hope that this luncheon would serve as a prototype encouraging more involvement on the part of senior executives in gathering their colleagues in a corporate environment. “Patrick has hit upon a very effective means of getting the word out about our campaign,” McMorrow said.
At the Financial Services Advisory Council Board meeting in January, members gathered to discuss the Sesquicentennial Capital Campaign challenge. Pictured here, from left to right, are: (standing) William Marshall ’67, James Kosch ’77, Peter Musumeci ’72, Kenneth Rathgeber ’70, Stephen Laruccia ’67, Michael Passarella ’63 and Robert Cappiello ’58; (seated) Patrick Boyle ’75, Kathleen Kearns ’79, William Dooley ’75, Michael McMorrow ’64 and Brother Robert Berger.
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