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Boston College Club representatives recently presented a $444,000 gift to the University to benefit a scholarship fund for Boston College students from the inner city.
The gift has raised the club's scholarship contribution to more than $1 million in the past five years, according to John E. Joyce '61, CGSOM '70, club co-founder and board member. Two undergraduates, one from Dorchester and one from Salem, currently receive the need-based scholarships funded by the popular dining and meeting place located at 100 Federal Street in Boston's Financial District.
"This, to me, is a great tribute to Boston College and the spirit of the University carried over in the form of the club downtown," said Joyce, noting that the gift represents half of the club's profits over the past fiscal year.
Now in its seventh year of operation, the Boston College Club has more than 2,500 members and generated some $4.5 million in business in 2004. The scholarship fund was established in 2001 with an initial gift of $26,000. Club officials made a $360,000 donation last year.
The BC Club's city scholarship fund reflects the traditions and mission of the University, Joyce says. "If you look at our history, we started with the concept of having kids from the city going to Boston College. The scholarships are really quite fitting."
Originally published in the Boston College Chronicle