Magazine article Diverse Issues in Higher Education

Colin Powell Center Gets $10 Million to Develop More Black Policy Makers

Magazine article Diverse Issues in Higher Education

Colin Powell Center Gets $10 Million to Develop More Black Policy Makers

Article excerpt

NEW YORK

The New York Life Foundation is providing $10 million to fund the Endowment for Emerging African American Issues at the Colin Powell Center for Policy Studies, located at the City College of New York. The endowment will provide permanent funding for scholarships and is expected to help the think tank prepare more African-Americans for a seat at the public policy table at the national and international level.

"There is a tremendous need to conduct policy research on issues of importance to African-Americans and other underserved populations," says Gen. Colin L. Powell, who served as U.S. Secretary of State from 2001-2005. "Equally important, we need to bring African-Americans and other minorities into the policy-making process, by attracting them to and preparing them for policy careers at all levels."

Powell joined Dr. Gregory H. Williams, the president of CCNY, in accepting the gift from Sy Sternberg, chairman and CEO of New York Life Insurance Company and chairman of the New York Life Foundation. The gift is the largest single grant ever made by the foundation, as well as the largest corporate foundation gift ever received by CCNY.

Williams, who is entering his fifth year as president of the Harlem college, says the funding will increase the center's ability to serve its students. …

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