Page 8 - marist mag_spring 10noalumnotes

SEO Version

6
M a r i s t M a g a z i n e
mately $65 million by the frm of Robert A. M.
Stern, dean of the Yale School of Architecture,
whose company designed the Hancock Center
now under construction at Marist.
In addition, Rich designated approximately
$10 million in cash to support the Raymond
A. Rich Institute for Leadership Development
and its programs. The gift is the largest in
Marist’s history. The institute will specialize
in the development of communication, inter-
personal, and social skills necessary for leading
complex organizations in a global setting.
Rich began thinking about a leadership-
training legacy in his estate a few years ago,
according to Claire Carlson, Rich’s longtime
companion and the executor of his estate.
Following his purchase of the Payne Mansion
from the Marist Brothers in 1986, he and
Carlson were introduced to Marist’s president,
Dennis J. Murray. “It didn’t take Ray long to
realize that Dennis and Marist College were
the ideal conduit for his personal quest to
ignite his leadership concept,” says Carlson.
“Ray believed ethics, values, humility, and
County town of Esopus, is a 42,000-square-
foot Beaux Arts-style palazzo designed by
the renowned Manhattan frm Carrère and
Hastings, architects of the New York Public
Library and the Frick Museum.
Also known over the years as Omega and
Wiltwick, the mansion was built in 1905 by
Col. Oliver Hazard Payne, a brigadier general
in the Civil War who founded an oil refnery
later bought by John D. Rockefeller’s Standard
Oil Co. The replacement value of the residence
has been conservatively estimated at approxi-
“The board enthusiastically accepts Mr. Rich’s very generous gift
with the board’s and College community’s gratitude to him for his
gift and for the leadership he provided throughout his life.”
­— Robert R. Dyson, chair of the Marist Board of Trustees
Raymond A. Rich’s
bequest includes a
60-acre waterfront
estate on the west
side of the Hudson
River, in the town
of Esopus, N.Y.
Cover Story