Hampden‑Sydney College announced a philanthropic gift exceeding $50 million from alumnus Rob Citrone and his wife, Cindy, to fund the new Citrone Scholars Program, the largest single donation in the institution’s 250‑year history. The endowment will underwrite full‑tuition, merit‑based scholarships for qualifying entrants to the all‑men’s liberal arts college in Virginia. Rob Citrone, a 1987 graduate and founder of Discovery Capital Management, and college president Larry Stimpert framed the gift as a strategic investment in student access and long‑term institutional strength. The donation follows prior gifts from the Citrones supporting research and co‑curricular programs. Administrators said the scholarship program will affect admissions packaging, outreach to high‑achievement low‑income cohorts, and long‑term enrollment planning. Financial officers and trustees will now incorporate the new endowment into fiscal modeling, recruitment targets, and programmatic commitments as the college marks its bicentennial milestone.
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