SUNY Oswego Receives $7.5 Million Gift, Largest Single Donation in Campus History

January 17, 2014

Oswego — State University of New York Chancellor Nancy L. Zimpher and SUNY Oswego President Deborah F. Stanley today announced that the college has received the largest single gift in its 153-year history: a $7.5 million gift from the estate of Oswego County resident Lorraine E. Marano, an education enthusiast.

The gift establishes the Nunzio “Nick” C. and Lorraine E. Marano Endowment, which will be used primarily to fund scholarships for students with financial need.

“Visionary leadership and a thoughtful stewardship of resources by our campus presidents across the state have increased donors' confidence in SUNY and helped our system reach record levels of philanthropic contribution,” said Chancellor Zimpher. “The Marano gift exemplifies this deserved trust in SUNY and the Oswego campus. Congratulations to President Stanley and the entire campus community on this generous contribution, which will help make college affordable and accessible for many students.”

“Lorraine Marano's profound understanding of the transformative powers of public higher education is affirmed by this extraordinarily generous gift,” said Oswego President Deborah F. Stanley. "Her gift will help put a college education within reach for many students, fulfilling their hopes and dreams and investing in a better future for all of us, as our graduates forge productive lives in their communities. We are deeply honored by her confidence in establishing the Marano family legacy at SUNY Oswego. It will live on for generations.”

Agricultural Innovator and Educational and Cultural Enthusiast

The late Lorraine and Nunzio “Nick” Marano had a prosperous agricultural business located on a muck farm in Scriba. Nick was a communicant of Sacred Heart Church in Scriba and a former officer of Marine Midland Bank in Phoenix, and Lorraine served as the organist at Sacred Heart Church in Scriba and St. Peter's Church in Oswego from 1991 to 2004.

A Scriba native, Nick owned Marano Vacuum Cooling and Sales Inc. in Scriba and held a seat on the New York Mercantile Exchange until his death in 2002.

Originally from Philadelphia, Lorraine Marano graduated from Glassboro State College (now Rowan University in Glassboro, N.J.) with a bachelor's degree, Drexel University with a master's degree and the accelerated paralegal program at Syracuse University. She worked many years as a librarian at Cherry Hill High School East in New Jersey, and then worked for Resorts International and Tropicana Casinos in Atlantic City. Lorraine died on Oct. 1, 2013, at the age of 67.

“A highly educated woman, Lorraine believed in the value of education and considered this a gift to the entire community,” noted Theresa A. Sugar Scanlon, a close friend of Lorraine. “Her confidence in President Stanley's leadership and the extraordinary opportunities that the college provided to its students were instrumental to her decision. She hoped to help keep a college education affordable for all students, especially those who are the first in their families to attend college.”

Support for Future Generations

Joan Carroll, associate professor of accounting and Faculty Assembly chair at Oswego, said the gift will have a direct impact on the education that unfolds within the classroom and is a vote of confidence.

“The Marano Scholars will no doubt work hard and deeply engage in learning to honor this bequest,” Carroll said. “Receiving a gift of this magnitude signifies to the entire campus that we are making a difference, that our work is worthy of such an investment.”


About SUNY Oswego

Oswego, one of 13 university colleges in the 64-campus SUNY system, enrolls more than 8,000 students, nearly 7,000 of them full-time undergraduates. About 4,300 students reside on Oswego's campus, which stretches a mile along New York's north coast on Lake Ontario. U.S. News counts SUNY Oswego among the top public regional universities in the North for 2014, and the Princeton Review includes Oswego on its latest list of "best value" colleges. A 153-year-old comprehensive college, Oswego offers more than 110 academic programs through its College of Liberal Arts and Sciences, School of Business, School of Education, and School of Communication, Media and the Arts.

About the State University of New York
The State University of New York is the largest comprehensive system of higher education in the United States, with 64 college and university campuses located within 30 miles of every home, school and business in the state. In 2015–16, SUNY served nearly 1.3 million students, including nearly 600,000 in credit-bearing courses and programs and more than 700,000 through continuing education and community outreach programs. SUNY students and faculty across the state make significant contributions to research and discovery, resulting in nearly $1 billion of externally sponsored activity each year. There are 3 million SUNY alumni worldwide, and one in three New Yorkers with a college degree is a SUNY alum. To learn more about how SUNY creates opportunity, visit www.suny.edu.


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