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$25 Million Gift: "His motivation is simple: Love" [philly.com]

haverford102514_1024Howard Lutnick lost his mother to cancer when he was a high school junior. And one week into his freshman year at Haverford College, his father died, too - the result of a tragic medical mistake.

That's when he got the phone call from Robert B. Stephens, then president of Haverford: "Howard, your four years here are free." Since then, Lutnick has been returning the kindness of the college that became a family when he most needed one. Now 53 and chairman of Cantor Fitzgerald L.P. - a New York City financial firm that lost 658 employees in the World Trade Center attacks - Lutnick has become the college's largest donor, a distinction deepened on Saturday with the announcement of his $25 million gift. The donation, part of which will pay for the most significant renovations to the library in 50 years, is the largest single gift in Haverford's 181-year history. "It's transformational, an overused word for sure, but not here," said Daniel Weiss, president of the highly selective Main Line college of 1,200 students.

Lutnick said his motivation is simple: Love. "Haverford was there for me," Lutnick said, "and taught me what it meant to be a human being." 

For more on this story go to http://articles.philly.com/201...-largest-single-gift

 

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