Tuesday, 22 July 2008

Harvey McGrath Donates £3.6 million

Philanthropist and former hedge fund titan, Harvey McGrath has announced that he will be making a gift of £3.6 million to St. Catherine’s College, Cambridge. The donation will support the institution's teaching and building projects. The announcement follows McGrath’s recent £4 million gift to the University of Cambridge.

McGrath is a founding donor and trustee of New Philanthropy Capital, a research based charity which gives guidance and advice to donors and a trustee of Charity Technology Trust and The Royal Anniversary Trust. He graduated from Cambridge in 1974 and holds an MA in Geography.

Quote from the University of Cambridge website:
Harvey McGrath said: "My strong conviction is that Cambridge must continue to provide world class education to the brightest candidates from all backgrounds, and do so in a collegiate environment that will enrich the rest of their lives. That means funding widening access initiatives, teaching posts and improvements to college facilities and I am very pleased to assist both St Catharine's and the University in these ways."

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