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Newsroom: True Stories/Grant Award Profiles The
American College Receives $125,000 from the Million Dollar Round
Table and the MDRT Foundation.
BRYN MAWR, PA --- June 24, 2002 --- The American College received checks totaling $125,000 as part of a formal ribbon-cutting ceremony on June 13, marking the rededication of MDRT Foundation Hall. The senior leadership of the Million Dollar Round Table (MDRT) and the MDRT Foundation presented the checks to the College. Marvin H. Feldman, CLU, ChFC and MDRT President presented the first check for $75,000. This gift represents the balance of a $100,000 pledge by the MDRT to the MDRT Foundation Hall building renovation initiative. "It is rewarding to know that MDRT members helped fund the building's creation," said Feldman. "The American College continues to be a tremendous asset, resource and credential for all of us in the life insurance and financial services industry." Allen Bruce, CLU, ChFC, and 2002 MDRT Foundation President presented a second check for $50,000 to the College. The MDRT Foundation has pledged $100,000 toward the renovation of the building. "The College is held in high regard by the Foundation because of our shared commitment to helping others better themselves," said Bruce. "The MDRT Foundation is proud to have its name on this building and to have contributed to its creation more than 30 years ago."
Originally constructed in 1972, MDRT Foundation Hall houses the Vane B. Lucas Memorial Library, one of the finest resources of financial information in the country. Faculty offices, and the office of the president are also in the building. MDRT Foundation Hall was built in part with donations provided by Million Dollar Round Table (MDRT) members from across the country through the MDRT Foundation. "MDRT Foundation Hall is the academic center of our campus. Once the renovation is completed, the building will be back to its original classic design and quality," said Dr. Samuel H. Weese, CLU, CPCU, President and CEO of The American College.
The building was designed by Mitchell/Giurgola Associates and was awarded the highest medal of excellence in design by the American Institute of Architects in 1974. That same year, the building was featured in an article in the New York Times magazine. Besides being aesthetically pleasing, the building's design helped to preserve the center of the campus as open space. MDRT Foundation Hall uses many natural materials as part of its design. The grounds of the College are an arboretum and these natural design elements allow the building to blend-in with its surroundings. While natural in appearance, the building makes use of new technology. MDRT Foundation Hall hosts a video studio, an audio studio and an advanced computer network. To date, $1.3 million has been raised for the renovation of MDRT Foundation Hall from MDRT members across the country. A fundraising goal of $2 million has been established. The American College is this year celebrating its 75th anniversary as the nation's oldest and largest academically accredited educational institution devoted exclusively to financial services. Located on a 35-acre campus in Bryn Mawr, Pennsylvania, the College serves over 35,000 students predominantly on a distance education basis. The American College offers an array of specialized designation programs, a Master of Science degree in financial services and customized continuing education programs for those pursuing a career in financial services. For more information, visit www.amercoll.edu.
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