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News Releases, 2004 - 2005 Academic Year

Iona Set to Announce Capital Campaign will Close at Over $82 Million

New Rochelle, NY - Iona College will announce the closing of its comprehensive capital campaign Vision Into Reality at an event held at The Rainbow Room in Rockefeller Center tonight. The campaign was launched publicly in April 2000 with an initial goal of $55 million. President Brother James A. Liguori, Ed.D. is scheduled to reveal the closing amount of $82,637,427 to a crowd of Iona's most generous donors. "I am honored to congratulate the Iona community on this tremendous accomplishment. Having just begun my 11th year as Iona's president, this is truly one of our proudest moments," stated Liguori.

Vision Into Reality has funded the Iona College Arts Center (opened in September 2000), renovations of the science building and the Mulcahy Campus Events Center, a new main entrance, an endowment for more than 23 scholarship funds, the Robert V. LaPenta '67, '00H Student Union (scheduled to open August 2005) and the Hynes Athletics Center (scheduled to open January 2006). Future projects include an expansion of the Ryan Library that will enhance its technological infrastructure while increasing study and research space.

In addition to its dramatic physical transformation, Iona has achieved accreditation for its programs in business, mass communication, education and social work since the campaign began. The College is also currently listed in US News and World Report's 18th annual "America's Best Colleges 2005" and The Princeton Review's Best Northeastern Colleges and Best 143 Business Schools 2005 editions.

"This is the best Iona we have ever been. Thanks to the overwhelming success of this campaign, we have constructed the necessary facilities to best serve our community, while continuing to fulfill our ongoing student-centered mission," said Rich Petriccione, vice president for Advancement and External Affairs.

Founded in 1940 by the Congregation of Christian Brothers, Iona College is a private, coeducational institution of learning in the tradition of American Catholic higher education. Iona offers undergraduate degrees in liberal arts, science, and business administration, as well as master of arts, master of science and master of business administration degrees and numerous post-graduate certificate programs.

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For questions or more information please contact:
Meghan Finn
Public Relations Office
Iona College, 715 North Avenue, New Rochelle, N.Y. 10801
tel: 914 633-2005 fax: 914 637-2711

 

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