Trustee L. Thomas Melly Pledges $7.5 Million to HWS – Hobart and William Smith Colleges \
The HWS Update

Trustee L. Thomas Melly Pledges $7.5 Million to HWS

Greenwich, Conn., resident continues his legacy of giving to Hobart and William Smith

(May 5, 2004) GENEVA, N.Y.– Hobart and William Smith Colleges President Mark D. Gearan lauded the generosity of Trustee L. Thomas Melly '52, L.H.D. '02 while announcing the alumnus' pledged gift of $7.5 million to the Colleges. Of that sum, $2.5 million will be given to the Colleges over the next five years, and the remaining $5 million will be given in the form of a bequest. The designation of these gifts has yet to be determined.

“Tom Melly's contributions of service and resources to these Colleges have been exemplary,” Gearan said. “From the L. Thomas Melly Academic Center to establishing scholarships that will benefit generations of students, Tom's legacy of leadership is inspiring.”

Gearan also commended Melly for taking the lead, with classmate and fellow Trustee Henry Rosenberg, in securing naming privileges for a classroom in the Colleges' Stern Hall academic building in honor of the Classes of 1952.

Melly's support of Hobart and William Smith has been evidenced for years, particularly since 1981, when he joined the Board of Trustees. He led the Colleges as Chairman of the Board from 1988 to 1998, through a highly successful capital campaign that enriched the fiscal viability of the institution.

A retired partner of Goldman, Sachs & Co., Melly is the former chairmen of Family Centers Inc. in Greenwich, a trustee of Outward Bound and a member of the American Governance Boards.

“The Honorary Degree Citation presented to Tom at the 2002 Commencement ceremonies stated, 'You are a man who has done what many in this world only aspire to do — you have made a difference in the world.' He continues to do just that,” said Gearan.

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Read the story from the May 7 Finger Lakes Times.