GE Leader Directs Recognition Award in the Amount of $25,000 to UConn’s Sandy Hook School Memorial Scholarship Fund
A $25,000 donation from GE to the Sandy
Hook School Memorial Scholarship Fund at the University of
Connecticut was presented by Margaret Keane, chief executive officer of
GE Capital Retail Bank, as the result of her receiving an award
for outstanding leadership from GE Chairman and CEO Jeffrey Immelt.
Margaret is one of 25 GE leaders to receive such recognition for their
outstanding contributions to the company. Each award recipient is able
to designate a donation to a charity of their choice. Keane presented
the donation to UConn president, Susan Herbst, during halftime at the
UConn Men’s basketball game, Wednesday, February 13, 2013.
Margaret Keane, chief executive officer of GE Capital Retail Bank, presents $25,000 donaton to UConn president Susan Herbst to support the Sandy Hook School Memorial Scholarship Fund. (Photo: Business Wire)
“I believe in supporting a public university with strong academics and
also have close ties with UConn. My son is a recent UConn graduate and
we also have a family scholarship that we established. It is an honor to
pay tribute to those who have been impacted by the tragic events of
December 14, 2012, and to support the Sandy Hook School Memorial
Scholarship Fund in their memory,” said Keane.
The Scholarship Fund helps support college costs for any siblings of
those killed in the assault, the dependents of the adults who also lost
their lives, as well as students currently enrolled at the elementary
school who are accepted to attend the University of Connecticut.
“Contributions to the Sandy Hook Memorial Scholarship Fund are
heartwarming evidence of people’s determination to respond to tragedy
with positive and meaningful action,” says UConn president Susan Herbst.
“We are grateful for the support of the gift of higher education for
those affected by that shattering event.”
About the UConn Foundation
The University of Connecticut Foundation, Inc.’s mission is to solicit,
receive, and administer gifts and financial resources from private
sources for the benefit of all campuses and programs of the University
of Connecticut. The Foundation operates exclusively to promote the
educational, scientific, cultural, and recreational objectives of the
University. For more information, please visit www.foundation.uconn.edu/sandyhook.
About GE Capital's Retail Finance business
GE Capital’s Retail Finance business is among the country’s most
successful retail lenders, with 80 years of experience in consumer
financing. The business, with its lending entity GE Capital Retail Bank,
provides customized credit programs to retailers and consumers in the
United States and Canada that help drive sales. This includes private
label and bankcard credit programs to major national, regional and
independent retailers in the U.S., as well as private label credit
programs, promotional and installment lending, bankcards and financial
services for consumers through dealers; contractors; manufacturers;
healthcare practices; and service providers across nearly 20 industries.
We are not just bankers; we help clients build better businesses. More
information can be found at www.gogecapital.com and twitter.com/GoGECapital.
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