{"id":618,"date":"2019-07-17T18:18:32","date_gmt":"2019-07-17T18:18:32","guid":{"rendered":"http:\/\/wcsu.wpengine.com\/news-archives\/macricostas-gift\/"},"modified":"2019-07-17T18:18:32","modified_gmt":"2019-07-17T18:18:32","slug":"macricostas-gift","status":"publish","type":"page","link":"https:\/\/www.wcsu.edu\/news-archives\/macricostas-gift\/","title":{"rendered":"2014 Macricostas Family bestows generous gift of $3 million to Western Connecticut State University"},"content":{"rendered":"
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\"ImageDANBURY, CONN. <\/strong>\u2014\u00a0 Western Connecticut State University <\/a>announced today that local businessman and philanthropist Constantine \u201cDeno\u201d Macricostas has given a gift of $3 million from the Macricostas Family Fund to the university. This is the largest donation in WCSU\u2019s history.<\/p>\n

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The Connecticut State Colleges & Universities Board of Regents for Higher Education<\/a> acknowledged the gift and approved renaming Western\u2019s largest school to The Macricostas School of Arts and Sciences<\/a>.<\/p>\n

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\u201cWith this gift, Deno Macricostas and his family<\/a> become, by far, the largest philanthropic supporters of our university,\u201d said WCSU President James W. Schmotter. \u201cOur gratitude to them is unbounded, and it is made even more special because of Deno\u2019s personal experiences. His is the classic American immigrant success story, and it provides an inspiration to all on our campus. This gift will transform our School of Arts and Sciences, the largest of our academic units and one in which every WCSU student, regardless of major, studies. It is indeed a momentous day for Western Connecticut State University.\u201d<\/p>\n

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Macricostas explained why he and his family decided to support WCSU with this gift.<\/p>\n

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\u201cEducation is important to the success of our children and our community,\u201d Macricostas said. \u201cWe live in a competitive and challenging world that requires growing our knowledge and increasing exposure from each generation. Our family takes pride in helping to support the great work of Western Connecticut State University in preparing students for active participation in our global society.\u201d <\/p>\n

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Deno Macricostas emigrated to the U.S. from Greece in search of a better life. While attending college he earned extra money as a fry cook at a local diner on weekends. He saved enough money to start his own company in 1969, Photronics, Inc.<\/a>, which manufactures photomasks, a component in the creation of silicon computer chips. The company remains headquartered in Connecticut with additional operations in Idaho, Texas, Taiwan, Korea and Europe. Photronics is one of the largest photomask manufacturers in the world.<\/p>\n

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Macricostas has long supported Western. A gift in 2002, at the time the largest in the university\u2019s history, supports scholarships, the Macricostas Entrepreneur of the Year Award and lectures on business, culture and Greek contributions to society.<\/p>\n

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The new gift will support a lecture series intended to bring renowned speakers to the university for the benefit of students and the community, the university\u2019s travel-abroad program and additional scholarships.<\/p>\n

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For more information, call the Office of University Relations at (203) 837-8486.<\/p>\n

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\n Western Connecticut State University offers outstanding faculty in a range of quality academic programs. Our diverse university community provides students an enriching and supportive environment that takes advantage of the unique cultural offerings of Western Connecticut and New York.
\n Our vision: To be an affordable public university with the characteristics
\n of New England\u2019s best small private universities.<\/em><\/p>\n

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