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Investing in the Heights

Gabelli Plazas Recognize a Leader's Generosity

One of the hallmarks of Boston College’s Jesuit, Catholic, tradition is cura personalis or “care for the whole person.” This educational philosophy has long been the underpinning of The Gabelli Foundation, the charitable arm of the Gabelli family. Its founder, Mario J. Gabelli, is himself a recipient of eight years of Jesuit education, a BC parent, and a University Trustee.

To succeed with this commitment to intellectual, spiritual, and emotional growth, Gabelli underscores: “A University must have great faculty, facilities, and students. Those are the elements that make the greatest difference, and obviously each of those requires financing.”

Gabelli Plaza
A view of one of the Gabelli Plazas surrounding Conte Forum.

Thanks to Gabelli’s foundation, BC continues to excel in all three categories. Gabelli Hall—an apartment-style residence hall on Lower Campus—was named in 1995; the Mario J. Gabelli Endowed Professorship was established in the Carroll School of Management in 2010; and last year, the Presidential Scholars Program was renamed for his decades-long support of the merit scholarship program.

Most recently, the foundation made a $10 million gift toward the University’s campus master plan, in recognition of which BC is naming the open spaces surrounding Conte Forum the Gabelli Plazas.

A popular gathering spot, the Gabelli Plazas will serve as beautiful public spaces for students, parents, and alumni to enjoy.

“One of our goals in developing the campus is to bring more attention to important outdoor spaces and the role they play in the lives of our students,” says Michael Lochhead ’93, MBA’00, BC’s executive vice president. “The Gabelli Plazas are incredibly vibrant, and not just on game days. Most members of our community walk through and pause at these plazas daily and now, thanks to the wonderful gift of the Gabelli family, we can sustain and enhance them even further.”

Gabelli’s commitment to BC students stems in part from his own experience as a beneficiary of financial aid, which supported his years of Jesuit studies. He went on to leverage his education and tireless work ethic to become one of Wall Street’s most successful and best-known money managers, as the founder of the New York Stock Exchange-listed GAMCO Investors.

He, in turn, hopes the foundation’s generosity will help inspire current students.

“The success of the United States is based on free markets, the rule of law, and meritocracy. The underpinning of meritocracy is education,” says Gabelli. “Therefore, giving back to Boston College will surely help the next generation of leaders get their start.”

Boston College Alumni and Friends