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Suffolk County Community College News

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5/10/2016


Suffolk Gifted $1 Million From Alumnus, Largest Ever From a Graduate of The College

 
 
 
 Suffolk County Community College class of 1978 graduate Dr. Robert Frey, seated at right, watches as family members unveil a check from the Frey Family Foundation for $1 million to the Suffolk Community College Foundation for student scholarships and aid. The gift to the college is the largest ever from a graduate of the college.

Suffolk County Community College President Dr. Shaun L. McKay, pointing at left, joins in the celebration surrounded by members of the college and foundation boards of trustees.

Frey made the gift from the Frey Family Foundation as an honoree of the college at its annual gala celebration last week.

Background

Dr. Robert Frey, now a Research Professor and Director of the Program in Quantitative Finance in the Department of Applied Mathematics and Statistics at Stony Brook University, was honored by the Suffolk Community College Foundation’s Annual Salute to Excellence for the contributions of The Frey Family Foundation to the college and where Frey made a $1 million donation to the college.

Dr. Frey holds a joint appointment in the Stony Brook University's Business School and is the President of the University's Research Center for High Frequency Finance. He has been an adjunct professor and chair of the advisory board for the Program on Financial Mathematics at the University of Chicago and currently serves as CEO of FQS Capital Partners, Ltd., an investment management firm based in New York and London, and CEO of Harbor Financial Management, his family office.
His public service and charitable activities include service on the Boards of the Guardian Angels, Hope House Ministries, the Museum of Mathematics, the Stony Brook Foundation, and the Suffolk Community College Foundation.

Frey, his wife and daughter are all Suffolk County Community College graduates.

“Robert Frey, a class of '78 graduate and advocate for our institution, recognizes the transformative value of his contribution and the impact it will have on the lives of our students,” said Dr. Shaun L. McKay, Suffolk County Community College president. “We cannot thank him enough for his generosity.”

“Dr. Frey’s gift is the most generous support received from an alumnus in the 58 year history of the college,” explains Sylvia A. Diaz, Ph.D., LMSW, executive director of the Suffolk Community College Foundation.  “We are delighted that Dr. Frey and his family view the community college as a bridge to opportunity.  This transformational gift advances a place where lives are changed, careers are launched, promises are kept and dreams are realized.”