Rye Resident and Goldman MD Directs $350K to Union College

Tom Connolly of Stuyvesant Avenue, a managing director at Goldman Sachs, has directed a $350,000 gift to Union College, his alma mater. The money will be used for scholarships, according to Union College:

"Union has received a $350,000 gift that will provide an annual scholarship and assistance to students with pressing financial needs. The gift is from Goldman Sachs Gives, the firm’s donor-advised fund. Through Goldman Sachs Gives, the firm’s partners recommend a part of their overall compensation to non-profit and charitable organizations.

The donation was made at the recommendation of Thomas G. Connolly ’89 and his wife, Laura, of Rye, N.Y. Connolly, a managing director at the firm, graduated with a degree in managerial economics.

Preference for the annual endowed scholarship will be given to students with a parent who serves or has served with the U.S. Armed Forces or to students from the five boroughs of New York.

The first scholarship was awarded to a member of the Class of 2014…

Last year, the Connollys also directed $250,000 through Goldman Sachs Gives to establish the annual scholarship."