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What you need to know for 01/20/2017

Russell Sage College receives $9M gift; will go toward new library

Russell Sage College receives $9M gift; will go toward new library

A New York college has been left a $9 million gift in the will of a woman who attended the school fo

Russell Sage College has been left a $9 million gift in the will of a woman who attended the school for only two years in the 1930s.

Officials at The Sage Colleges announced Thursday that the donation from Lucile Rosenfeld Shea will go toward a new library at the school’s Troy campus. Her bequest was recently revealed after she died at a North Carolina retirement home.

Shea attended Russell Sage College in 1937 and ’38. College officials say she had only donated modestly to the school since her time at the Troy school. Sage officials say her husband died in 2003 and the couple had no children.

In March, The Sage Colleges received their largest gift ever when a 1970 graduate and board of trustees chairwoman donated $10 million.

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