URI’s fraternities, sororities create endowment fund for scholarship, leadership
KINGSTON, R.I. -- June 6, 2005.--.Future University of Rhode Island sorority and fraternity members will become the beneficiaries of a new endowment-in-the making, thanks to recent alumni of the Greek system.
Students representing URI’s Interfraternity and Panhellenic Councils presented a $7,000 check to the URI Foundation just as this spring semester was closing. The gift was followed by a $500 donation from the Fraternity Managers Association.
The gifts will help establish a URI Greek LEAD (Leadership Education and Development) Endowment Fund, designed to provide economic support to URI’s fraternities and sororities and to contribute to their progress in the areas of scholarship and leadership. The advancement and maintenance of Greek organizations, and their governing bodies will be ensured through educational funding and leadership programming provided through the endowment.
“In today’s world, we often hear about the misdeeds and misadventures of college students,” said Robert Coleman, executive director of the URI Foundation. “These remarkable URI students banded together to do something good that will have a lasting impact. Hats off to them.”
URI 2005 Alumnus Anthony Milano of Stamford, Conn., outgoing IFC president and fund board member encouraged his fellow alumni to support this initiative. “The positive development in the past three years has been tremendous and we wanted to create a financial grounding to support this progress,” he said.
URI 2005 Alumna Cristina Mastrangelo of Bronx, N.Y., outgoing Panhellenic president and fund board member encouraged all fraternity and sorority alumni to donate to the fund. “It’s a great way to give to the University and support Greek life at the same time,” she said.
“This is an extraordinary first step to ensure the financial security of the IFC and Panhellenic Councils at the University of Rhode Island,” said Thomas R. Dougan, URI vice president for Student Affairs and fund board member.
“Since 1908, fraternities and sororities have provided students with the opportunity for leadership, scholarship, community service, lifelong friendships and alumni networking,” said Steve Simo, director, Greek Affairs, Office of Student Life. “This experience continues to be one of the most profound learning experiences for undergraduates. This endowment fund will ensure the health, growth and success of the Greek system for generations to come.”
Contributions to the URI Greek Lead Endowment should be made to the URI Foundation/Greek LEAD, to 79 Upper College Rd., Kingston, R.I. 02881.
URI GREEK DOWNPAYMENT: Members of the University of Rhode Island’s Interfraternity and Panhellenic Councils present a $7,000 check to the URI Foundation to help create an endowment. Pictured front row (l-r) are Robert Coleman, executive director and Ruth Jarrett, chief financial officer, URI Foundation; students Christina Mastrangelo, Rish Patel, Anthony Milano and Scott Tsagarakis of the Fraternity Managers Association. Back row (l-r): Tom Dougan, vice president of student affairs; URI students Mary McKenna and Colleen Lally, and Steve Simo, director Greek Affairs. URI News Bureau Photo by Nora Lewis.