SUNY Cortland Receives Record $5.18 Million Gift from Alumnus
01/05/2010
SUNY Cortland alumnus John
Fantauzzi ’58, a retired social studies teacher now living in Cape Coral, Fla.,
will bequest $5.18 million — the largest individual gift in the College’s
140-year history — to support a scholarship he established in 1990 for children
of immigrants and first-generation college students attending SUNY Cortland.
“This is a transformative gift that
will forever change the lives of future Cortland
students who will have the opportunity to obtain a first-rate education at SUNY
Cortland,” said SUNY Cortland President Erik J. Bitterbaum. “John realizes that
SUNY Cortland gave him the life skills to become a wonderful teacher and he
wants to ensure that extraordinary experience for future first generation
students and for those students, like him, whose parents or grandparents came
to this country seeking the American dream.”
Fantauzzi’s generosity to his alma
mater began in 1988, when he gave $50,000 to the College to have its recently
renovated Old Main auditorium named in honor of his favorite Cortland mentor, the late Distinguished Teaching
Professor of History Ralph Adams Brown. Two years later, Fantauzzi, the son of
Italian immigrants and an ardent admirer of the immigrant work ethic, created
the John Fantauzzi ’58 Scholarship at SUNY Cortland. The award, which soon
expanded from a three-year to a four-year full scholarship, was presented to Cortland students who maintained a 2.7 or higher GPA and
who were children and/or grandchildren of immigrants to the United States. “Also at that time,
John informed then-President James Clark of his intent to leave his entire
estate to the John Fantauzzi ’58 Scholarship Fund,” explained Doug DeRancy ’75,
assistant to the vice president for institutional advancement, who has been the
College’s liaison with Fantauzzi for the past 22 years.
“John is an extremely generous
individual,” added DeRancy. “He committed in 1990 to make an annual gift to
establish an endowment in his lifetime that would support and grow his
scholarship. Today, the Fantauzzi Scholarship annually provides 10 students
with $3,400 annually for each of the four years they attend SUNY Cortland.” Since
its inception in 1990, the scholarship fund had grown to $700,000 as a result
of Fantauzzi’s philanthropy. With the addition of the endowment, the fund will
total nearly $6 million.
To date, more than 50 Cortland students have
received a scholarship. The recipients trace their national origins to
countries located in Europe, Asia, North and Central
America.
“Many of the scholarship winners
have written John to express their appreciation and some continue to
communicate with him after graduating from Cortland,” explained DeRancy. “John has told
me that the greatest gift is creating the opportunity for someone to go to
college and get an education. In his view, it is a gift that keeps on giving.”
“I hope that John’s belief in his
alma mater will inspire others to invest in the future of this fine
institution,” added Raymond Franco ’72, vice president for institutional
advancement at SUNY Cortland.
Born in Syracuse,
N.Y., Fantauzzi graduated from Vocational High School. At SUNY Cortland, he was
among the first wave of students to earn the new degree in secondary social
studies teaching. In addition to Ralph Adams Brown, Fantauzzi considered both
Distinguished Professor of English Van Akin Burd and Professor of History
Gilbert Cahill to be influential teachers in his chosen professional career.
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