Abby M. O'Neill Gives $11 Million to Teachers College for Scholarship Support
Teachers College has received an extraordinary $11 million
commitment from longtime Trustee Abby M. O’Neill. The gift
reflects both Mrs. O’Neill’s passion for supporting
aspiring teachers who demonstrate a commitment to teaching in New York
City and her goal of removing financial barriers to fulfilling that
commitment.
“Too many teachers are strapped by debt from graduate
school and the high cost of living in metropolitan New York
City,” said TC President Susan Fuhrman. “Abby is
determined to improve those conditions to keep the best teachers right
here in our backyard.”
At a luncheon in
Mrs. O’Neill’s honor,
Fuhrman said that fellowships created by the gift “speak to
the very essence of the TC mission.” Thanking her
for her “service as a trustee and for her wise
counsel,” she added that “Abby’s support
for TC is in her very blood. After all, she is the great-granddaughter
of John D. Rockefeller, who also served as a TC trustee and gave
generously to TC at a critical time in our
history.”
Mrs. O’Neill’s gift is among a series of important scholarship
gifts received by the College from key donors in recent
months.
“In true O’Neill style, Abby made her
dreams a reality by establishing a legacy gift that will endow the
O’Neill Fellowship in perpetuity. But with characteristic
pragmatism, Abby has also put her vision to work right now with an
outright gift that launches the inaugural effort,” Fuhrman
said.
TC will welcome the first class of 12 out of 24 O’Neill
Fellows, each of whom will receive $35,000, in September 2013. The
Fellows will earn dual certification in areas of great need for New York
City schools, such as science/inclusive education, elementary
education/bilingual, or TESOL (the teaching of English to speakers of
other languages). Through the support of the O’Neill
Fellowship Program, these future New York City teachers will graduate
virtually debt-free.
Mrs. O’Neill was honored in the company of her
children and their families, close friends who are affiliated with TC,
and other members of the College’s board, as along with
faculty who have benefited from her support. Members of the entering
cohort of O’Neill Fellows were also on
hand.
During Mrs. O’Neill’s tenure on TC’s board, the O’Neill family has created a chaired professorship, the George and Abby O’Neill Economics and Education Chair, currently filled by Thomas Bailey, director of TC’s Community College Research Center and the National Center for Post-Secondary Research. The O’Neills have a long history of supporting student scholarships at the College, and Abby O’Neill also has served as a member of TC’s President’s Advisory Council.
Published Friday, May. 17, 2013