Read the full story by Alison Fromme in the Cornell Chronicle.
A $13 million endowment from the Dimond family will fund scholarships at the Cornell Peter and Stephanie Nolan School of Hotel Administration, as part of the university’s To Do the Greatest Good campaign.
The endowment, which contributes to Cornell’s Undergraduate Affordability Initiative, unlocked $2.5 million through the university’s affordability challenge match program, increasing the impact of the family’s $10.5 million gift. The Nolan deanship will be named the Dimond Family Dean of the Nolan Hotel School, in honor of the family.
“I am so very grateful to the Dimond family for this incredible investment in our industry’s future,” said Kate Walsh, the inaugural Dimond Family Dean of the Nolan School at the Cornell SC Johnson College of Business. “Navin, Rita, Ashley and Sonja epitomize what it means to be generous, thoughtful and other-centered – the true meaning of hospitality. This gift of providing education and opportunity to others continues this family’s legacy of positively impacting our world.”
The scholarships will be awarded to top Nolan undergraduates with demonstrated financial need, with priority given to first-generation students. Recipients will be known as Hospitality Scholars.
