Former Trustee Pledges $20 Million to Bucknell

Bucknell University in Lewisburg, Pennsylvania, has announced a $20 million gift from alumnus and former trustee Bob Malesardi ('45) and his wife, Doris.

The largest single commitment in the university's history will be dedicated entirely to financial aid programs. Designed to inspire others to make their own philanthropic commitments to the school, Bucknell will work to amplify the impact of the gift through a matching program, with details of the program to be released later this spring. In recognition of the gift, Bucknell will rename its Academic Quadrangle for the Malesardis.

Prior to his retirement, Bob Malesardis, a World War II veteran, spent many years running an accounting firm and developing real estate. Until recently, he also co-owned the Four Seasons Resort in Palm Beach, Florida. Longtime supporters of Bucknell, the Malesardis have provided support for scholarships and the Ellen Clarke Bertrand Library. In 1988, the school named a Gateway Residence Center building Malesardi Hall.

"This is truly a transformative commitment to Bucknell, one that will greatly enhance our ability to attract outstanding students who might not otherwise have the opportunity to attend our university," said Bucknell president John Bravman. "Bob and Doris have a deep appreciation for the impact a Bucknell education can have on an individual. This gift will quite literally change the lives of an untold number of students, and we are profoundly grateful for Bob and Doris' support."

"Bucknell Receives Largest Pledge in University History." Bucknell University Press Release 01/29/2016.