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Geneseo alumni couple donates $500,000

A couple of SUNY Geneseo alumni have donated $500,000 to the state college, designating money for business school scholarships, athletics and a career development program.

The gift comes from Kevin and Nancy Gavagan of Pittsford, who graduated in 1975 and 1976 respectively.

Both Gavagans have been active  alumni, with Kevin Gavagan serving for more than 20 years on the Geneseo Foundation Board. He recently stepped down as chair.Nancy and Kevin Gavagan

“I am thrilled to announce this major gift from two alumni who are Geneseo champions through and through,” said SUNY Geneseo President Denise A. Battles. “With more than two decades of involvement on the Geneseo Foundation Board, Kevin is a model for philanthropic leadership, and Nancy has been equally supportive through her pivotal involvement with numerous alumni events and other activities. I can’t thank them enough for adding this magnificent gift to their previous generous support.”

Kevin Gavagan is a portfolio manager and former president of QCI Asset Management, which oversees $3.2 billion in investments. Nancy Gavagan is a former pre-school and elementary school teacher. The Gavagans previously established an endowed faculty award, a fund for faculty development and a New Horizons Scholarship at Geneseo. Their volunteer work includes the George Eastman Museum, where Kevin is the chairman of the museum’s board and Nancy is a docent, and participation in Geneseo athletics.

“Being on campus always brings back wonderful memories of being at the college,” Kevin Gavagan said. “We alumni always reflect on our time with pride and nostalgia. It’s a very motivating force for giving.”