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Deloitte Announces $500,000 Gift To Bentley Library

February 25, 2008

Deloitte employees and the Deloitte Foundation have successfully completed a $500,000 fund-raising campaign to support the newly renovated library at Bentley College.

The lead gift to the campaign came from Bentley alumnus and trustee William C. Freda, Vice Chairman and U.S. Managing Partner of Deloitte LLP. Scores of other Bentley alumni at Deloitte subsequently joined the effort, pledging a total of $250,000 in gifts, all of which are to be matched by the Deloitte Foundation.

The Bentley Library underwent a dramatic $17 million expansion and renovation in 2006 and now ranks among the finest and most technologically advanced business college libraries in the U.S.

"Just as we envisioned, the library has truly become the academic hub of the campus - for faculty, students, and those pursuing doctoral degrees in accountancy and in business through our recently launched PhD program," said Bentley President Gloria Cordes Larson. "The space is magnificent, it gets extensive use, and it has also proven to be a significant draw for prospective Bentley students."

In developing plans for the new library, college administrators surveyed current students to learn what amenities beyond the realm of academics would make the building more accommodating for long hours of research and studying. Chief among student recommendations was the establishment of a state-of-the-art cyber café with refreshments and snacks, large LCD monitors featuring business news and entertainment channels, and WiFi Internet access.

At a ribbon-cutting ceremony in the Bentley Library on February 29, the college will formally dedicate the hugely popular facility as the Deloitte Café, in recognition of the successful fund-raising campaign and the long-standing, multi-faceted partnership between Bentley and Deloitte.

The $500,000 raised by Deloitte is one of the largest donations of its kind received by Bentley for the library. "The people of Deloitte who stepped up to this challenge are graduates of one of the nation's pre-eminent business colleges," said Freda. "Deloitte has a long-standing commitment of giving back to the institutions that have helped prepare our people for success, and we are so proud and grateful to have had the opportunity to team with Bentley in such a meaningful way. We are truly honored to have played a part in helping these talented students learn and grow, and look forward to welcoming future generations of Bentley alumni into our organization."

About the Deloitte Café Dedication: At the February 29th evening reception Bentley President Gloria Cordes Larson will make opening remarks, and will welcome Deloitte alumni of Bentley along with the Bentley students who have accepted internships or full-time positions with Deloitte. Also attending will be Bentley trustees, vice presidents, deans and faculty members. Representing Deloitte will be William C. Freda, who will make the remarks at the opening of the new Deloitte Café.

About the Bentley Library: The new library completed a $17 million renovation to reveal a world class business library that is now the hub of academic life and a physical symbol of the business school. The extensive additions reflect Bentley's stature in technology, research and campus life.

BENTLEY UNIVERSITY is one of the nation’s leading business schools, dedicated to preparing a new kind of business leader – one with the deep technical skills, broad global perspective, and high ethical standards required to make a difference in an ever-changing world. Our rich, diverse arts and sciences program, combined with an advanced business curriculum, prepares informed professionals who make an impact in their chosen fields. Located on a classic New England campus minutes from Boston, Bentley is a dynamic community of leaders, scholars and creative thinkers. The Graduate School emphasizes the impact of technology on business practice, in offerings that include MBA and Master of Science programs, PhD programs in accountancy and in business, and customized executive education programs. The university enrolls approximately 4,100 full-time undergraduate, 140 adult part-time undergraduate, 1,430 graduate, and 43 doctoral students. Bentley is accredited by the New England Association of Schools and Colleges; AACSB International – The Association to Advance Collegiate Schools of Business; and the European Quality Improvement System, which benchmarks quality in management and business education. For more information, please visit www.bentley.edu

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