Hartford, Connecticut, September 13, 2018 – Trinity College has received a $12.3 million bequest from a charitable trust established by Charles Guilford Woodward, a member of the college’s Class of 1898.
The unrestricted gift comes to the college 68 years after Woodward’s death in 1950 and follows an initial bequest from Woodward that included the contents of his economics and sociology library and a trust that provided annual scholarships for Trinity students. With the recent passing of the last of his grand-nieces, Woodward’s charitable trust was recently augmented by more than $80 million, and Trinity is the beneficiary of the largest portion of this charitable trust.
“Charles Woodward established a trust that would support his niece and her children before growing into an endowment that will support Trinity students and faculty for an eternity,” said Michael Casey, Trinity’s vice president for advancement. “Notably, the gift was expressly directed to serve as unrestricted endowment. That is a demonstration of deep and unequivocal confidence in the core values of an institution that he clearly treasured. We are truly grateful for such meaningful support, which will impact members of the Trinity community for generations to come.”
A Hartford native, Woodward came to the college that his father, P. Henry Woodward, had attended and served as a trustee. A standout on the track team who studied economics and sociology and was a member of the Psi Upsilon fraternity, the younger Woodward was an active member of the Association of Alumni of Trinity College upon his graduation. As he built a career as a financial statistician at Connecticut General Life Insurance Company, he remained engaged with his alma mater, serving as a member of the Trinity College Board of Trustees from 1917 until his death.
Founded in Hartford, Connecticut, in 1823, Trinity College (www.trincoll.edu) is an independent, nonsectarian liberal arts college with more than 2,200 students from 45 states and 67 countries. It is home to the eighth-oldest chapter of Phi Beta Kappa in the United States. The faculty and alumni include recipients of the Pulitzer Prize, the MacArthur award, Guggenheims, Rockefellers, and other national academic awards. Trinity students integrate meaningful academic and leadership experience at all levels on the college’s celebrated campus, in the capital city of Hartford, and in communities all over the world.