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Massive fundraising campaigns offer CT colleges a key financial lifeline

Fundraising especially in today’s competitive higher education market is the financial lifeblood of any university. Money raised goes toward scholarships, financial aid, faculty, infrastructure, athletics, endowments and even operating expenses, contributing to the overall financial health of a college.

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Trinity College alum gifts $5M to university

Hartford-based Trinity College has received a $5 million gift from a 1983 alum and Board of Trustees member aimed at expanding the liberal arts school’s ability to recruit students from diverse backgrounds. The money was gifted by Henry Mallari-D’Auria who is the chief investment officer of emerging markets value equities at AllianceBernstein and portfolio manager for the Next 50 Emerging Markets Fund.

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