Hartwick College in Oneonta, New York, has announced a $5 million matching gift from B. Thomas Golisano for the construction of a new academic building to provide classrooms and faculty offices for its social sciences and management programs.
Golisano, founder, chairman, and CEO of Paychex Inc., a national provider of payroll and human resource services, and owner of the Buffalo Sabres, has pledged $5 million to the project on the condition that Hartwick raises an additional $3.5 million in matching funds. The building is slated to open in the fall of 2007, although the success of the school's fundraising campaign will determine the completion date of the 35,000-square-foot facility, which will be named Golisano Hall.
"I visited Hartwick last fall and was impressed with the college, its faculty, and students, as well as the Oneonta community," said Golisano. "Higher education is critical for the future of New York State, given the decline of its manufacturing economy. I can only support a limited number of institutions, but I hope others will follow my lead in identifying institutions that they have confidence in and care about, and then by lending substantial support."