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President Patricia McGuire announced plans for construction of the Trinity Academic Center, a $40 million, 80,000-square foot, LEED certified building that will feature state-of-the-art science and health labs and classrooms. "Thanks to the great generosity of Trinity graduates and benefactors in the community, Trinity is at long last able to modernize our core laboratories and instructional spaces for 21st Century teaching and learning," said President McGuire.
A $10 million gift from a Trinity alumna, the largest in Trinity's history, together with significant gifts from other alumnae and benefactors, have accelerated Trinity's timetable for construction, with groundbreaking now anticipated in early summer of 2014.
Joan Payden, Trinity Class of 1953, made the lead gift for the Trinity Academic Center project. Ms. Payden is founder, president and CEO of Payden & Rygel in Los Angeles, a private global investment firm with more than $80 billion in assets under management. Ms. Payden recently received the CFA Institute's Award for Professional Excellence, the highest award in the global association of professional investors.
"Ms. Payden is a successful entrepreneur who is highly respected in the business arena," said President McGuire. "Her great generosity is a powerful endorsement of Trinity's strategic vision for the future including plans to increase emphasis on education in the sciences, nursing and health professions to meet the workforce needs of the Washington region and nation."