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Jack McDonnell ’61 Gives $1 Million Unrestricted Gift to the Rensselaer Polytechnic Institute Campaign
Troy, N.Y. — Rensselaer Polytechnic Institute today
announced that Jack McDonnell, Class of ’61, of Reston,
Virginia, has made an unrestricted gift of $1 million to
support Renaissance at
Rensselaer: The Campaign for Rensselaer Polytechnic
Institute.
“We are so appreciative of the support that Jack McDonnell
continues to provide to Rensselaer,” said Rensselaer President
Shirley Ann Jackson. “His unrestricted gift allows us the
flexibility to meet the needs of the priorities of The
Rensselaer Plan. We have made tremendous progress over
these last five years, and it is through the generosity of
visionary gifts like this that the transformation will
continue.”
McDonnell, Rensselaer’s 2002 William F. Glaser ’53
Entrepreneur of the Year, is the founder, chairman, and chief
executive officer of Transaction Network Services (TNS), Inc.,
in Reston, Virginia, an international data communications
company specializing in point-of-sale transaction and
e-commerce services.
“I view my donation to RPI, first and foremost, as a
payback,” McDonnell said. “It was there that I was first
exposed to computers. I built a special-purpose computer for my
master’s thesis and never looked back.
“I was the recipient of someone else’s philanthropy —
several times,” McDonnell said, beginning with his education at
the all-scholarship Regis High School in New York City.
McDonnell also received a full scholarship to attend
Manhattan College, earning a bachelor’s degree in electrical
engineering, and a fellowship that brought him to Rensselaer,
where he earned a master’s degree in electrical engineering in
1961.
Commissioned as a lieutenant in the United States Air Force
after his graduation, McDonnell served as an engineer assigned
to the National Security Agency (NSA). He returned to NSA as a
contractor to build a variety of classified systems, with his
final project the establishment of the first encrypted data
link between NSA and the Central Intelligence Agency.
In 1994 McDonnell and his wife, Jackie, established the
McDonnell Charitable Foundation to support education. “There is
no question that we both feel the need to give back,” he
said. “I made it unrestricted because I have served, and
still serve, on some charitable boards. The hardest money to
come by is unrestricted,” McDonnell said.
About the Campaign
The $1 billion Renaissance at Rensselaer: The
Campaign for Rensselaer Polytechnic Institute, launched in
2004, fuels the Institute’s strategic Rensselaer Plan,
and supports groundbreaking interdisciplinary programs that
have at their core the technologies driving innovations in the
21st century: biotechnology, nanotechnology, information
technology, and experimental media. The campaign aims to build
the Institute unrestricted endowment, and also seeks funds for
endowed scholarships and fellowships, faculty positions,
curriculum support, student life programs, and athletic
programs and facilities. To date, the effort has raised $650
million, more than three times the amount raised in
Rensselaer’s previous campaign that ended in 1993.
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Published
August 17,
2005 |
Contact: Theresa Bourgeois
Phone: (518) 276-2840
E-mail: bourgt@rpi.edu |
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