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Richard Stockton College of New Jersey received a $1M gift
June 26th, 2011 Richard Stockton College of New Jersey none Comments

According to the news – Richard Stockton College of New Jersey says they received a gift of $1 million. Herman J. Saatkamp Jr., which is the Stockton President said that the donors wish to remain anonymous.

Stockton President Saatkamp Jr., said that the fund is to support students who are facing exceptional financial hardship.

He also added that the money will be invested by The Richard Stockton College Foundation in a permanent endowment.

According to the College officials, the gift pushed the foundation’s assets over the $14 million mark.