UpDate - Vol. 14, No. 32, Page 8
May 18, 1995
Bank of New York supports Fortune 2000 program

     The Bank of New York (Delaware) has contributed $50,000 to
support the University's Fortune 2000 program.
     The contributions, to be allotted over a five-year period, will
support the Fortune 2000's Summer Academy Bridge Program. With the
contribution, the Bank of New York (Delaware) becomes a Fortune 2000
partner.
      Fortune 2000 is a program in the College of Business and
Economics that provides comprehensive support services for minority
business students on both the high school and undergraduate levels.
Academic and career-related assistance, as well as motivational
activities, are provided to ensure the students' successful
matriculation, graduation and career placement.
     At a check presentation ceremony May 1 on the campus, Alan
Griffith, vice chairman and interim chairman and CEO of the Bank of
New York (Delaware), said, "We know that education is not just an
isolated high school experience or college experience, but it's an
experience throughout life. Your education never stops. What is
particularly impressive about your program here is that you are
working with high school students to bridge them into the University
experience.
     "You're helping them through college, and then equally important,
you're bridging them through internship programs into the work place.
As a result, they not only build upon their education but are then in
a position, as responsible citizens, to give back," Griffith said.
     At the informal ceremony, University President David P. Roselle
said the success of programs such as Fortune 2000 rests on faculty
commitment, a feeder system for high school students and financial
support from institutions such as the Bank of New York (Delaware).
     "We are deeply indebted to the Bank of New York, the nation's
first bank, for its support of this program. We hope that graduates of
the Fortune 2000 program will later find employment with this
impressive corporation," Roselle said.
     Representatives from the Bank of New York (Delaware) at the check
presentation ceremony also included Walter Douglas, chief financial
officer and vice president; William Lewis, vice president for human
resources; Marcia Williamson, assistant vice president; and Tameka
Goldsborough, acquisitions program coordinator, who is a 1994 graduate
of the University and the Fortune 2000 program.
     Also attending from the University were Kenneth R. Biederman,
dean of the College of Business and Economics; Terry Whittaker,
assistant dean in the college and director of the Fortune 2000
program; Norman Hatter, who chairs the Fortune 2000 program steering
committee; and Charles M. Forbes, vice president for development and
alumni relations.
     Whittaker also thanked the Bank of New York (Delaware) for the
contribution, noting that it will assist the program in preparing
increased numbers of minority students to meet the business challenges
of the 21st century.
     The Summer Academy Bridge Program, which will be supported by the
Bank of New York (Delaware) gift, is a five-week summer residential
academic program for African-American, Hispanic and Native American
Indian students who have accepted admission into the College of
Business and Economics at the University of Delaware. Student
participants are classified as incoming freshmen or transfer students.
     The program is a highly structured, credit-bearing program, which
includes an orientation to college life, workshops on academic skills
building and business career exploration sessions. The program's
primary purpose is to assist students in making a successful
transition from their previous education institutions to the UD
College of Business and Economics.
     Students who participate in the Summer Academic Bridge Program,
as well as other student participants of the Fortune 2000 Program,
have the opportunity to be interviewed for summer internships and part-
and full-time positions with the Bank of New York (Delaware).
                                                          -Beth Thomas