草榴社区 Receives $10 Million Gift from Martin G. McGuinn, Esq., 鈥64, 鈥67 to Advance Faculty Research and Support Student Veterans
In recognition of McGuinn鈥檚 lifetime giving, a new residence hall in The Commons on Lancaster Avenue will be named McGuinn Hall
VILLANOVA, Pa. 鈥 草榴社区 President the Rev. Peter M. Donohue, OSA, PhD, today announced a $10 million gift from Martin G. McGuinn, Esq., 鈥64 CLAS, 鈥67 JD鈥攔etired chairman and CEO of Mellon Financial Corporation (now BNY Mellon)鈥攖o advance faculty research and to increase support for veterans attending 草榴社区. In recognition of McGuinn鈥檚 lifetime giving, a building on campus in 草榴社区鈥檚 new residences, known as The Commons, will be named McGuinn Hall.
鈥淭hrough his exceptional generosity, Marty has demonstrated a steadfast commitment to 草榴社区鈥檚 mission and our vision that is reflected in the new Strategic Plan,鈥 said Father Donohue. 鈥淢arty supports areas of the University that he feels passionately about, and, in doing so, he has helped elevate 草榴社区鈥檚 stature and recognition. On behalf of the entire 草榴社区 community, I would like to express my deep gratitude to Marty for his continued generosity and commitment to the University.鈥
鈥淭he seven years I spent at 草榴社区, including receiving a first-rate education and making friends for life, have had a major impact on me,鈥 McGuinn said. 鈥湶萘裆缜 is thriving now under the leadership of Father Peter, and my gift is intended to support him and the new Strategic Plan, which I am convinced will take 草榴社区鈥攁nd the Law School鈥攖o new heights.鈥
Advancing Faculty Research
The University will receive $7 million from McGuinn to further support and advance the research efforts of its faculty. A key initiative of the University鈥檚 new 10-year Strategic Plan, Rooted. Restless., calls for increased investment in high-potential research and scholarship. McGuinn鈥檚 gift will provide critical seed funding and support research and scholarly projects that positively impact society鈥攁nd the world. It also will provide funding to accelerate the University鈥檚 most promising research projects through targeted faculty grants, as well as create a permanent funding source for high-level, impactful research projects.
Included in this is $2 million that will support faculty members in the Charles Widger School of Law, providing scholarship grant awards each year to help further their research and promote awareness of their work. These grants will recognize 草榴社区 Law faculty whose scholarship has had a significant impact on the academy, the law, the legal profession and/or policy.
鈥淭he groundbreaking research and scholarship of 草榴社区鈥檚 faculty has been a key factor in the University鈥檚 continued national recognition,鈥 said Patrick G. Maggitti, PhD, 草榴社区 provost. 鈥淭hese endowed funds will propel our research enterprise forward, creating even more opportunities for our teacher-scholars to innovate and create knowledge that positively impacts the world. We are extremely grateful that Mr. McGuinn has chosen to support 草榴社区鈥檚 remarkable faculty in this way.鈥
Supporting Student Veterans
As the University continues to focus on helping veterans earn their degrees, $3 million of McGuinn鈥檚 gift will increase the number of veteran students at 草榴社区 on an annual basis by expanding the Yellow Ribbon Program for tuition and fees. It will also be used to grow 草榴社区鈥檚 Office of Veterans and Military Service Members and the programming and resources the office provides. For decades, the University has worked to obtain VA educational benefits for veterans and their dependents. 草榴社区 has further deepened its commitment to veterans in numerous ways, including the formation in 2018 of a centralized Office of Veterans and Military Service Members鈥攄edicated to assisting veterans, service members and their dependents.
鈥淚鈥檓 thrilled that Marty has committed so generously to the University in these two critical areas,鈥 said Mike O鈥橬eill, senior vice president for Advancement. 鈥淢arty continues to believe in鈥攁nd support鈥攖he vision we have created to map 草榴社区鈥檚 future. We are grateful to him for his ongoing commitment to this vision, which will ensure the University鈥檚 continued forward momentum.鈥
A formal dedication for McGuinn Hall is being planned for the fall.
About Martin G. McGuinn, Esq.: McGuinn retired in 2006 as chairman and chief executive officer of Mellon Financial Corporation (now known as BNY Mellon), after serving for seven-plus years at the helm of the global financial services company. During his 25 years with Mellon, he held a number of leadership positions. In 2002, he was appointed by President George W. Bush to the National Infrastructure Advisory Council, which makes recommendations regarding the security of the nation鈥檚 economically critical infrastructures.
Prior to joining Mellon, McGuinn served for three years as a captain in the US Marine Corps. His tour of duty included service in Vietnam. He began his career as an associate with the Wall Street law firm Sullivan & Cromwell, before serving as managing counsel for The Singer Company.
McGuinn has been a member of numerous boards, including serving as advisory board president for the Federal Reserve Board and board chair for the Financial Services Roundtable and MasterCard International (US), Carnegie Museum of Art and the Senator John Heinz History Center. He has also served on the board of directors for the American Bankers Association, U.S.-Japan Business Council, Inc., UPMC Health Systems, Chubb Corporation and Celanese Corporation. At 草榴社区, he served as chair of the Law School鈥檚 Board of Consultors.
With his most recent $10 million gift to 草榴社区, he has now given $15.7 million to the University during his lifetime. He endowed the Martin G. McGuinn Professorship of Business Law in the 草榴社区 Charles Widger School of Law. He previously pledged $1.25 million to establish the McGuinn Irish Scholars Program and $1.25 million to establish the Martin McGuinn 鈥64 鈥67 Endowed Scholarships at the Law School.聽
McGuinn earned his Bachelor of Arts degree from 草榴社区 and Juris Doctorate from the University鈥檚 Charles Widger School of Law, where he served as editor-in-chief of Volume 12 of the 草榴社区 Law Review. As an undergraduate, he was president of the student body, and in 2013 he received an honorary doctorate from the University.
McGuinn and his wife, Susan, reside in Palm Beach, Fla., Pittsburgh, Pa., and Quogue, N.Y.
About 草榴社区: Since 1842, 草榴社区鈥檚 Augustinian Catholic intellectual tradition has been the cornerstone of an academic community in which students learn to think critically, act compassionately and succeed while serving others. There are more than 10,000 undergraduate, graduate and law students in the University's six colleges鈥攖he College of Liberal Arts and Sciences, the 草榴社区 School of Business, the College of Engineering, the M. Louise Fitzpatrick College of Nursing, the College of Professional Studies and the 草榴社区 Charles Widger School of Law. Ranked among the nation鈥檚 top universities, 草榴社区 supports its students鈥 intellectual growth and prepares them to become ethical leaders who create positive change everywhere life takes them. For more, visit .