PURCHASE, N.Y., June 1, 2009 — The PepsiCo Foundation has awarded a five-year, $1 million grant to the Purchase College Foundation for the Baccalaureate and Beyond Center at Purchase College. The Center, serving students studying the liberal arts, was established by Purchase College to expand educational opportunities for a wider and a more diverse number of students from community colleges. With this funding, students will be able to complete their associate studies and attain baccalaureate degrees.
The New York Times Company announced today the 10 semifinalists for the 2009 New York Times Company Nonprofit Excellence Awards. Now in its third year, the awards honor outstanding management practices and encourage innovation and communication among New York's large and diverse nonprofit community. In 2007, The Nonprofit Coordinating Committee of New York (NPCC) and the New York Regional Association of Grantmakers (NYRAG) joined the Times Company in the establishment of this program. All nonprofit organizations based in and serving New York City, Long Island and Westchester are eligible to apply. The application period ended for the 2009 submissions on Nov. 21, 2008. The organizations, which vary in size and in the types of services they offer the community, were chosen by the program's selection committee for their outstanding management.
New York-Presbyterian Hospital announced today that it has received a $50 million commitment from noted business leader, longtime supporter and Hospital Trustee Ronald P. Stanton. The gift will establish the Ronald P. Stanton Clinical Cancer Program at New York-Presbyterian Hospital/Weill Cornell Medical Center, strengthening and expanding the Hospital's ability to provide patients with the very best cancer care.