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| Subject: | DREW UNIVERSITY’S WALL STREET SEMESTER RECEIVES $1 MILLION GIFT |
MADISON, NJ (September 22, 2000) -- Drew University's Wall Street Semester, a unique experiential learning program that explores New York City's financial community and its impact on national and world economies, has had its expenses endowed by a gift of $1 million from an anonymous donor.
The gift is Drew's 11th of more than $1 million toward the university's $62-million “Gateways to the Future Campaign,” begun in June 1999. To date, Drew has raised $52.4 million toward that goal.
Established in 1997, the Wall Street Semester sends students twice each week to New York's financial district to study, listen to professionals from the financial world, and visit important landmarks, companies, and governmental institutions.
"Hands-on meetings with the people who are doing today what economists will write about tomorrow are a wonderful opportunity for students to learn," said the donor in explaining the gift.
"This gift ensures that one of the nation's most innovative undergraduate programs will endure for generations of students," said President Thomas H. Kean. "Drew can capitalize fully on New York City's considerable resources for education in finance and business, and the anonymity of the gift is a testament to this donor's truly generous spirit."